2000 Minnesota Statutes

     323.27 Partner's interest chargeable as such.  

    On due application to a competent court by any judgment 
 creditor of a partner, the court which entered the judgment, 
 order, or decree, or any other court, may charge the interest of 
 the debtor partner with payment of the unsatisfied amount of 
 such judgment debt with interest thereon; and may then or later 
 appoint a receiver of the debtor partner's share of the profits 
 and of any other money due or to fall due to the debtor partner 
 in respect of the partnership, and make all other orders, 
 directions, accounts and inquiries which the debtor partner 
 might have made, or which the circumstances of the case may 
 require.  

    The interest charged may be redeemed at any time before 
 foreclosure, or in case of a sale being directed by the court 
 may be purchased without thereby causing a dissolution: 

    (1) With separate property, by any one or more of the 
 partners; or 

    (2) With partnership property, by any one or more of the 
 partners with the consent of all the partners whose interests 
 are not so charged or sold.  

    Nothing in this chapter shall be held to deprive a partner 
 of a right, if any, under the exemption laws, as regards that 
 partner's interest in the partnership.  

    HIST: (7411) 1921 c 487 s 28; 1986 c 444 

*   NOTE:  This section is repealed by Laws 1997, chapter 174, 
*article 12, section 68, as amended by Laws 1998, chapter 262, 
*section 12, effective January 1, 2002.