Conn. Gen. Stat. § 34-27
Assignment of partnership interest. Nature of assignee's interest. Evidence of partner's interest
Connecticut · General Statutes of Connecticut Chapter 610 — Uniform Limited Partnership Act · Status: effective
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- Citation
- Conn. Gen. Stat. § 34-27, Assignment of partnership interest. Nature of assignee's interest. Evidence of partner's interest, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2199809
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Full text
(a) 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.
(b) The partnership agreement may provide that a partner's interest in a limited partnership may be evidenced by a certificate of partnership interest issued by the limited partnership and may also provide for the assignment or transfer of any partnership interest represented by such a certificate and make other provisions with respect to such certificates.