| | | 2.__Charging order a lien; foreclosure; rights of transferee.__ | | A charging order constitutes a lien on the judgment debtor's | | transferable interest. The court may order a foreclosure upon the | | interest subject to the charging order at any time. The purchaser | | at the foreclosure sale has the rights of a transferee. |
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| | | 3.__Redemption before foreclosure.__At any time before | | foreclosure, an interest charged may be redeemed: |
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| | | A.__By the judgment debtor; |
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| | | B.__With property other than limited partnership property, | | by one or more of the other partners; or |
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| | | C.__With limited partnership property, by the limited | | partnership with the consent of all partners whose interests | | are not so charged. |
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| | | 4.__Exemption laws applicable.__This chapter does not deprive | | any partner or transferee of the benefit of any exemption laws | | applicable to the partner's or transferee's transferable | | interest. |
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| | | 5.__Exclusive remedy.__This section provides the exclusive | | remedy by which a judgment creditor of a partner or transferee | | may satisfy a judgment out of the judgment debtor's transferable | | interest. |
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| | | §1384.__Power of estate of deceased partner |
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| | | If a partner dies, the deceased partner's personal | | representative or other legal representative may exercise the | | rights of a transferee as provided in section 1382 and, for the | | purposes of settling the estate, may exercise the rights of a | | current limited partner under section 1344. |
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| | | §1391.__Nonjudicial dissolution |
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| | | Except as otherwise provided in section 1392, a limited | | partnership is dissolved, and its activities must be wound up, | | only upon the occurrence of any of the following: |
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| | | 1.__Event specified in partnership agreement.__The happening | | of an event specified in the partnership agreement; |
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