Lonny is a partner in the Harris Limited Partnership. Unless the partnership agreement provides otherwise, Lonny may:

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Assigning a partnership interest typically allows a partner to transfer their share of the profits and losses and the right to receive distributions. However, this action does not automatically terminate the partner's status in the partnership nor does it grant the assignee the rights of a partner in terms of management or decision-making within the partnership, unless the partnership agreement specifies otherwise.

Lonny Is a Partner in the Harris Limited Partnership