29-340. Assignment of partnership
interest
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.
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