1998 Minnesota Statutes

     322A.56 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 the partner's partnership interest. 

    HIST: 1980 c 582 art 5 s 40; 1986 c 444