A creditor of a limited partner may obtain a charging order against the limited partner's interest in the partnership,thereby becoming an assignee of the partnership interest.

Question

Quizplus · Accepted Answer

This is true according to the Uniform Partnership Act (UPA) and the Revised Uniform Partnership Act (RUPA). The charging order allows the creditor to receive any distributions that would be made to the limited partner, but does not grant the creditor the right to participate in the management of the partnership or vote on partnership matters.

A Creditor of a Limited Partner May Obtain a Charging