Va. Code § 50-73.45: Assignment of partnership interest
Where this section sits in the code
- Title 50. PARTNERSHIPS
- Chapter 2.1. VIRGINIA REVISED UNIFORM LIMITED PARTNERSHIP ACT
- Article 7. 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 any 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 his partnership interest.1985, c. 607.
Collected 2026-09-04T15:16:59Z. Source file · JSON