1. (a) Unless otherwise provided in the partnership agreement, a partnership interest is assignable in whole or in part.
2. (b) An assignment of a partnership interest does not dissolve a limited partnership or entitle the assignee to become a partner or, unless otherwise provided in the partnership agreement, exercise any rights of a partner.
3. (c) Unless otherwise provided in the partnership agreement, an assignment entitles the assignee to receive, to the extent assigned, only the distributions to which the assignor would be entitled.
4. (d) A partnership agreement may provide that a partnership interest may or shall be transferred or assigned in whole or in part to one or more persons, including on the occurrence of any of the events described in § 10-402 of this title, regardless of whether the persons to whom the interest is transferred or assigned are partners.

Added by Acts 1981, c. 801, § 2. Amended by Acts 1983, c. 507; Acts 2022, c. 294, § 1, eff. Oct. 1, 2022; Acts 2022, c. 295, § 1, eff. Oct. 1, 2022.