N.H. Rev. Stat. § 304-B:40

Current through the 2024 Legislative
Section 304-B: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.

RSA 304-B:40

1987, 349:1, eff. Jan. 1, 1988.