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[Offshore Trust vs. Liechtenstein Foundation]
[List of selected offshore legislations]
Exempted Limited Partnership Act, 1995
Limited Partnerships Act, 1996
Exempted Limited Partnerships Law, 1991
Partnership Law, 1995
Limited Partnerships (Guernsey) Law, 1995
Partnership (Guernsey) Law, 1995
Partnership Act, 1909
Limited Partnerships (Jersey) Law, 1994
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[Jersey]
Limited Partnerships (Jersey) Law 1994
Article 21
Assignments
(1) A limited partner shall not assign his interest, in whole or in part, in the limited partnership unless –
(a) all the limited partners and all the general partners consent or the partnership agreement permits it; and
(b) the assignment is made in accordance with the terms of the consent or the partnership agreement, as the case may be.
(2) An assignee of the interest, in whole or in part, of a limited partner does not become a limited partner in the limited partnership until his ownership of the assigned interest is entered in the register referred to in sub-paragraph (a) of paragraph (4) of Article 8, and until so entered he has none of the rights of a limited partner excisable against the partnership or against any of the partners other than the assignor.
(3) Subject to paragraph (4), on becoming a limited partner, an assignee acquires the rights and powers and is subject to all the restrictions and liabilities that his assignor had in respect of the assigned interest immediately before the assignment.
(4) On becoming a limited partner an assignee shall not assume any liability of the assignor arising under paragraph (3) of Article 19 and, notwithstanding any term of the partnership agreement or any other agreement to the contrary, no such assignment shall relieve the assignor of any liability under those paragraph.
Legislations of Offshore Financial Centers (assorted by
subject)
Offshore Legislations on Fiduciary and Administration Businesses
Offshore Legislations on Investment Funds and Protection of Investors
àPrivate Salon Conference for Hedge
Funds
àTranslation of Fund Prospectus,
Offering Memorandum, etc.
àHow to Open a Cayman Bank Account
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