There Is a Newer Version of the Arizona Revised Statutes
  1. 2025 Arizona Rev. Stat.
  2. 2024 Arizona Rev. Stat.
  3. 2023 Arizona Rev. Stat.
  4. 2012 Arizona Rev. Stat. (here)
  5. View All Versions
View Our Newest Version Here

2012 Arizona Revised Statutes
Title 29 Partnership
29-340 Assignment of partnership interest


AZ Rev Stat § 29-340 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

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.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.