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Alabama Assignment of a Portion of One Partner's Interest in a Partnership to Another Partner

State:
Multi-State
Control #:
US-1341043BG
Format:
Word; 
Rich Text
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Description

An assignment is a legal term used in the context of the law of contract and of property. In both instances, assignment is the process whereby a person (the assignor) transfers rights or benefits to another, the assignee. An assignment may not transfer a duty, burden or detriment without the express agreement of the assignee.
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Alabama Assignment of a Portion of One Partner's Interest in a Partnership to Another Partner