GroundRules
AS 32.11.330: Assignment of partnership interest.
Where this section sits in the code
- Title 32. Partnership.
- Chapter 11. Uniform Limited Partnership Act.
- Article 6. Nature of and Assignment of Partnership Interests.
Except as provided in the partnership agreement, a partnership interest is assignable in whole or in part. An assignment of a partnership interest does not dissolve a limited partnership or entitle the assignee to become or to exercise the rights of a partner. An assignment entitles the assignee to receive, to the extent assigned, only the distribution to which the assignor would be entitled. Except as provided in the partnership agreement, a partner ceases to be a partner upon assignment of all of the partner's partnership interest.
Collected 2026-09-02T06:18:30Z. Source file · JSON