2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 10-702 - Assignment of partnership interest


MD Corp & Assn Code § 10-702 (2013) What's This?

§10-702.

Unless otherwise 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 a partner or, unless otherwise provided in the partnership agreement, exercise any rights of a partner. Unless otherwise provided in the partnership agreement, an assignment entitles the assignee to receive, to the extent assigned, only the distributions to which the assignor would be entitled.

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