Wyoming Statutes

§ 17-21-503 — Transfer of partner's transferable interest

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 21 UNIFORM PARTNERSHIP ACT·Art. 5 TRANSFEREES AND CREDITORS OF PARTNER
(a)A transfer, in whole or in part, of a partner's transferable interest in the partnership:
(i)Is permissible;
(ii)Does not by itself cause a winding up of the partnership business; and
(iii)Does not, as against the other partners or the partnership, entitle the transferee, during the continuance of the partnership, to participate in the management or conduct of the partnership business, to require access to information concerning or an account of partnership transactions or to inspect or copy the partnership books or records.
(b)A transferee of a partner's transferable interest in the partnership is entitled to receive, in accordance with the transfer, distributions to which the transferor would otherwise be entitled. Upon transfer, the transferor retains the rights and duties of a

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