230. Assignment of or charge on share of limited partner.

230.     Assignment of or charge on share of limited partner.

A person to whom a limited partner1 assigns his share with the consent of the general partners2 stands, in one important respect, in a different position from the assignee of a share in an ordinary partnership3. Subject to any express or implied agreement between the partners, he becomes a limited partner, and has all the rights previously belonging to the assignor4.

Subject to any such agreement, if the share of a limited partner becomes charged to secure his separate debt, this does not,