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§ 32-11-330 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 32 - Partnership/
  5. Chapter 11 - Uniform Limited Partnership Act/
  6. Article 6 - Nature of and Assignment of Partnership Interests.sec. 32.11.320. Nature of Partnership Interest/
  7. § 32-11-330
Alaska Legal Code

§ 32-11-330

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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 the 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 of the partner's partnership interest.