ARS § 29-340
A partnership interest can generally be assigned, unless the partnership agreement says otherwise. The assignment does not dissolve the limited partnership or give the assignee partner rights, but the assignee can receive the assigned distribution. If all of a partner’s interest is assigned, the partner ceases to be a
- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
- Updated
- Official source
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Statute overview
About this statute
A partnership interest can generally be assigned, unless the partnership agreement says otherwise. The assignment does not dissolve the limited partnership or give the assignee partner rights, but the assignee can receive the assigned distribution. If all of a partner’s interest is assigned, the partner ceases to be a partner unless the partnership agreement provides otherwise.
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ARS § 29-340
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