---
title: O.C.G.A. § 14-8-27. Conveyance of partnership interest; dissolution of partnership.
collection: code
id: 14-8-27
cite_as: O.C.G.A. § 14-8-27 (2025)
canonical_url: https://georgiacommons.org/code/14-8-27
md_url: https://georgiacommons.org/code/14-8-27.md
text_url: https://georgiacommons.org/code/14-8-27/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=915
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / PARTNERSHIPS
---

# O.C.G.A. § 14-8-27. Conveyance of partnership interest; dissolution of partnership.

(a) Except as provided in the partnership agreement, a partnership interest is assignable in whole or in part.

(b) 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.

(c) In case of a dissolution of the partnership, the assignee is entitled to receive his assignor’s interest and may require an account pursuant to Code Section 14-8-43 from the date only of the last account agreed to by all the partners.

## History

Code 1981, § 14-8-27, enacted by Ga. L. 1984, p. 1439, § 1.