WVC 47 - 9 - 40
§47-9-40. 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 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.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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