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2018 Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 359 - Uniform Limited Partnership Law
Section 359.411 Assignment of partnership interest — rights of assignee.
Universal Citation: MO Rev Stat § 359.411 (2018)
Effective 01 Jan 1987, see footnote
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 359359.411. Assignment of partnership interest — rights of assignee. — 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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(L. 1985 H.B. 512 & 650)
Effective 1-01-87
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