GroundRules
← Search the law
Kentucky · Snapshot 09/05/2026

KRS 362.479: Assignment of partnership interest.

Read at publisher ↗
Where this section sits in the code
  1. KRS Chapter 362

Unless otherwise provided in the partnership agreement:

(1) A partnership interest shall be assignable in whole or in part;

(2) An assignment of a partnership interest shall not dissolve a limited partnership or

entitle the assignee to become or to exercise any rights of a partner;

(3) An assignment shall entitle the assignee to receive such distributions, and to receive

such allocation of income, gain, loss, deduction or credit or similar item, to which

the assignor was entitled, to the extent assigned; and

(4) A partner shall cease to be a partner upon the assignment of all of his partnership

interest.

Collected 2026-09-05T20:58:56Z. Source file · JSON

Browse this collection