Or. Rev. Stat. § 70.290
Assignability of partnership interest
Oregon · Oregon Revised Statutes Chapter 70 — Limited Partnerships · Status: effective
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- Or. Rev. Stat. § 70.290, Assignability of partnership interest, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2454458
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Full text
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.