Revised Laws of Saint Lucia (2021)

52.   Rights of assignee of share in international partnership

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    (1)   An assignment by any international partner of his or her share in the international partnership, either absolute or by way of mortgage or redeemable charge, entitles the assignee only to receive the share of profits to which the assigning international partner would otherwise be entitled and the assignee must accept the account of profits agreed to by the international partners but does not, as against the other international partners, entitle the assignee during the continuance of the international partnership to —

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      (a)     interfere in the management or administration of the international partnership business or affairs;

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      (b)     require any accounts of the international partnership transactions; or

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      (c)     inspect the international partnership books.

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    (2)   In case of a dissolution of the international partnership, whether as respects all the international partners or as respects the assigning international partner, the assignee is entitled to receive the share of the international partnership assets to which the assigning international partner is entitled as between himself or herself and the other international partners, and for the purpose of ascertaining that share, to an account as from the date of the dissolution.