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§ 47-9-40 — West Virginia Law | CourtGPT
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  4. Chapter 47 - Regulation of Trade/
  5. Article 9 - Uniform Limited Partnership Act§47-9-1. Definitions/
  6. § 47-9-40
West Virginia Legal Code

§ 47-9-40

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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 his partnership interest.