Partnership interest; assignment; effect.

Mich. Comp. Laws § 449.1702, under MICHIGAN REVISED UNIFORM LIMITED PARTNERSHIP ACT.

Mich. Comp. Laws § 449.1702

Sec. 702. Except as provided in the partnership agreement: (i) a partnership interest is assignable in whole or in part; (ii) 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; (iii) an assignment entitles the assignee to receive, to the extent assigned, only the distribution to which the assignor would be entitled.