A judicial lien against a partner's transferable interest in a partnership is known as a(n):
A) legal aggregate.
B) delegation of assets.
C) charging order.
D) assignment.

Question

Quizplus · Accepted Answer

A charging order is a court-ordered lien that allows a creditor to collect a debt owed to them by a partner from that partner's share of the partnership's profits or distributions. It does not allow the creditor to take control of the partner's interest or force a sale of the partnership assets.

A Judicial Lien Against a Partner's Transferable Interest in a Partnership