§ 7-13.1-704. Power of legal representative of deceased partner. [Effective January 1, 2023.]
If a partner dies, the deceased partner’s legal representative may exercise:
(1) The rights of a transferee provided in § 7-13.1-702(c); and
(2) For the purposes of settling the estate, the rights of a current limited partner under § 7-13.1-304.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-13.1 - Uniform Limited Partnership Act [Effective January 1, 2023.]
Part 7 - Transferable Interests and Rights of Transferees and Creditors [Effective January 1, 2023.]
Section 7-13.1-701. - Nature of transferable interest. [Effective January 1, 2023.]
Section 7-13.1-702. - Transfer of transferable interest. [Effective January 1, 2023.]
Section 7-13.1-703. - Charging order. [Effective January 1, 2023.]