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West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

W. Va. Code § 47-9-40: Assignment of partnership interest.

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Where this section sits in the code
  1. CHAPTER 47. REGULATION OF TRADE.
  2. ARTICLE 9. UNIFORM LIMITED PARTNERSHIP ACT.

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.

Collected 2026-09-06T00:30:08Z. Source file · JSON

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