Mo. Rev. Stat. » Chapter 358
Missouri Revised Statutes

Mo. Rev. Stat. § 358.270 (2026)

Assignment of partner's interest

✓ current as of May 2026
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  358.270.  Assignment of partner's interest. — 1.  A conveyance by a partner of his interest in the partnership does not of itself dissolve the partnership, nor, as against the other partners in the absence of agreement, entitle the assignee, during the continuance of the partnership, to interfere in the management or administration of the partnership business or affairs, or to require any information or account of partnership transactions, or to inspect the partnership books; but it merely entitles the assignee to receive in accordance with his contract the profits to which the assigning partner would otherwise be entitled.

  2.  In case of a dissolution of the partnership, the assignee is entitled to receive his assignor's interest and may require an account from the date only of the last account agreed to by all the partners.

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(L. 1949 p. 506 § 27)

Notes of Decisions
Cited in 2 cases, 1992–1995 · leading case: Checkett v. Steffens (In re Forrest), 146 B.R. 238 (W.D. Mo. 1992).
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Checkett v. Steffens (In re Forrest), 146 B.R. 238 (W.D. Mo. 1992). · cites it 2× “Mo. Rev.Stat. § 358.270. Dealings between partners need not follow any particular format, and need not even be in writing.”
Am. Nat. Ins. v. Gilroy, Sims & Assocs., 874 F. Supp. 971 (E.D. Mo. 1995). · cites it 2× “Section 358.270 provides in relevant part: A conveyance by a partner of his interest in the partnership does not of itself dissolve the partnership, nor, as against the other partners in the absence of agreement, entitle assignee, .”
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