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§ 472 — 472 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

472

U.S. Virgin Islands § 472 — U.S. Virgin Islands law

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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 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 their partnership interest.