Mo. Rev. Stat. § 359.411

Current with changes from the 2024 Legislative Session
Section 359.411 - Assignment of partnership interest - rights of assignee

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.

§ 359.411, RSMo

L. 1985 H.B. 512 & 650
Effective 1/1/1987