§1381. Partner’s transferable interest The only interest of a partner that is transferable is the partner’s transferable interest. A transferable interest is personal property. [PL 2005, c. 543, Pt. C, §2 (NEW).] SECTION HISTORY PL 2005, c. 543, §C2 (NEW).
§1382. Transfer of partner’s transferable interest 1. Transfer. A transfer, in whole or in part, of a partner’s transferable interest: A. Is permissible; [PL 2005, c. 543, Pt. C, §2 (NEW).] B. Does not by itself cause the partner’s dissociation or a dissolution and winding up of the limited partnership’s activities; and […]
§1383. Rights of judgment creditor of partner or transferee 1. Court order charging transferable interest; rights of transferee. On application to a court of competent jurisdiction by any judgment creditor of a partner or transferee, the court may charge the transferable interest of the judgment debtor with payment of the unsatisfied amount of the judgment […]
§1384. Power of estate of deceased partner If a partner dies, the deceased partner’s personal representative or other legal representative may exercise the rights of a transferee as provided in section 1382 and, for the purposes of settling the estate, may exercise the rights of a current limited partner under section 1344. [PL 2005, […]
