If a partner who is an individual dies or a court of competent jurisdiction adjudges the partner to be incompetent to manage the partner's person or the partner's property, the partner's executor, administrator, guardian, conservator, or other legal representative may exercise all of the partner's rights for the purpose of settling the partner's estate or administering the partner's property, including any power the partner had to give an assignee the right to become a limited partner. If a partner is a corporation, trust, or other entity and is dissolved or terminated, the powers of that partner may be exercised by its legal representative or successor.
Structure Alaska Statutes
Chapter 11. Uniform Limited Partnership Act
Article 6. Nature of and Assignment of Partnership Interests.
Sec. 32.11.320. Nature of partnership interest.
Sec. 32.11.330. Assignment of partnership interest.
Sec. 32.11.340. Rights of creditor.
Sec. 32.11.350. Right of assignee to become limited partner.
Sec. 32.11.360. Power of estate of deceased or incompetent partner.