Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 40 — Massachusetts Law | CourtGPT
  1. Home/
  2. Laws/
  3. Massachusetts/
  4. Part I - Administration of the Government/
  5. Title XV - ,/
  6. Chapter 109 - ,/
  7. § 40
Massachusetts Legal Code

§ 40

Ask AI about this
An assignment of a partnership interest shall 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.