{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/50-73.45.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/50-73.45.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/50-73.45.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/50-73.45.html"}],"law_id":60923,"edition_id":1,"section_id":60923,"structure_id":14276,"section_number":"50-73.45","catch_line":"Assignment of partnership interest","history":"1985, c. 607.","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 his partnership interest.","order_by":null,"text":{"0":{"id":222844,"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 his partnership interest.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14276,"edition_id":1,"name":"Assignment of Partnership Interests","identifier":"7","label":"article","depth":3,"order_by":1,"parent_id":13364,"metadata":{},"date_created":"2026-06-26 03:47:34","date_modified":"2026-06-26 03:47:34","permalink":{"id":234535,"object_type":"structure","relational_id":14276,"identifier":"7","token":"50\/2.1\/7","url":"\/50\/2.1\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13364,"edition_id":1,"name":"Virginia Revised Uniform Limited Partnership Act","identifier":"2.1","label":"chapter","depth":2,"order_by":1,"parent_id":12957,"metadata":{},"date_created":"2026-06-26 03:44:43","date_modified":"2026-06-26 03:44:43","permalink":{"id":234243,"object_type":"structure","relational_id":13364,"identifier":"2.1","token":"50\/2.1","url":"\/50\/2.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12957,"edition_id":1,"name":"Partnerships","identifier":"50","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234229,"object_type":"structure","relational_id":12957,"identifier":"50","token":"50","url":"\/50\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85665,"structure_id":14276,"section_number":"50-73.44","catch_line":"Nature of partnership interest","url":"\/50-73.44\/","token":"50\/2.1\/7\/50-73.44","metadata":false},{"id":60923,"structure_id":14276,"section_number":"50-73.45","catch_line":"Assignment of partnership interest","url":"\/50-73.45\/","token":"50\/2.1\/7\/50-73.45","metadata":false},{"id":79484,"structure_id":14276,"section_number":"50-73.46","catch_line":"Repealed","url":"\/50-73.46\/","token":"50\/2.1\/7\/50-73.46","metadata":false},{"id":56117,"structure_id":14276,"section_number":"50-73.46:1","catch_line":"Partner's transferable interest subject to charging order","url":"\/50-73.46_1\/","token":"50\/2.1\/7\/50-73.46_1","metadata":false},{"id":57187,"structure_id":14276,"section_number":"50-73.47","catch_line":"Right of assignee to become limited partner","url":"\/50-73.47\/","token":"50\/2.1\/7\/50-73.47","metadata":false},{"id":55540,"structure_id":14276,"section_number":"50-73.48","catch_line":"Power of estate of deceased or incapacitated partner","url":"\/50-73.48\/","token":"50\/2.1\/7\/50-73.48","metadata":false}],"previous_section":{"id":85665,"structure_id":14276,"section_number":"50-73.44","catch_line":"Nature of partnership interest","url":"\/50-73.44\/","token":"50\/2.1\/7\/50-73.44","metadata":false},"next_section":{"id":79484,"structure_id":14276,"section_number":"50-73.46","catch_line":"Repealed","url":"\/50-73.46\/","token":"50\/2.1\/7\/50-73.46","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.45\/","history_text":"<p>This law was first created in 1985. The record of its establishment is cataloged in chapter 607 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1985 \u201cActs\u201d aren\u2019t available online.<\/p>","references":[{"id":69814,"section_number":"50-73.28","catch_line":"Events of withdrawal","order_by":null,"url":"\/50-73.28\/"}],"refers_to":false,"permalink":{"id":234541,"object_type":"law","relational_id":60923,"identifier":"50-73.45","token":"50\/2.1\/7\/50-73.45","url":"\/50-73.45\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/50-73.45\/","token":"50\/2.1\/7\/50-73.45","dublin_core":{"Title":"Assignment of partnership interest","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.45","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Except as provided in the <span class=\"dictionary\">partnership agreement<\/span>, a <span class=\"dictionary\">partnership interest<\/span> is assignable in whole or in part. An assignment of a <span class=\"dictionary\">partnership interest<\/span> does not dissolve a <span class=\"dictionary\">limited partnership<\/span> or entitle the assignee to become or to exercise any rights of a <span class=\"dictionary\">partner<\/span>. 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 <span class=\"dictionary\">partnership agreement<\/span>, a <span class=\"dictionary\">partner<\/span> ceases to be a <span class=\"dictionary\">partner<\/span> upon assignment of all his <span class=\"dictionary\">partnership interest<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nASSIGNMENT OF PARTNERSHIP INTEREST (\u00a7 50-73.45)\n\nExcept as provided in the partnership agreement, a partnership interest is\nassignable in whole or in part. An assignment of a partnership interest does not\ndissolve a limited partnership or entitle the assignee to become or to exercise\nany rights of a partner. An assignment entitles the assignee to receive, to the\nextent assigned, only the distribution to which the assignor would be entitled.\nExcept as provided in the partnership agreement, a partner ceases to be a\npartner upon assignment of all his partnership interest.\n\nHISTORY: 1985, c. 607.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}