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Alaska Statutes.
Title 32. Partnership
Chapter 11. Uniform Limited Partnership Act
Section 330. Assignment of Partnership Interest.
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AS 32.11.330. Assignment of Partnership Interest.

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.


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Last modified 9/3/2005