Arizona § 29-1044 - Partner's transferable interest subject to charging order
Full text of Arizona Arizona Revised Statutes § 29-1044 — Partner's transferable interest subject to charging order, with citation guidance and answers to common questions.
§ 29-1044. Partner's transferable interest subject to charging order
A. On application by a judgment creditor of a partner or of a partner's transferee, a court having jurisdiction may charge the transferable interest of the judgment debtor to satisfy the judgment. The court may appoint a receiver of the share of the distributions due or to become due to the judgment debtor in respect of the partnership and may make all other orders, directions, accounts and inquiries the judgment debtor might have made or that the circumstances of the case may require.
B. A charging order constitutes a lien on the judgment debtor's transferable interest in the partnership. The court may order a foreclosure of the interest subject to the charging order at any time. The purchaser at the foreclosure sale has the rights of a transferee.
C. At any time before foreclosure, an interest charged may be redeemed either:
1. By the judgment debtor.
2. With property other than partnership property, by one or more of the other partners.
3. With partnership property, by one or more of the other partners with the consent of all of the partners whose interests are not so charged.
D. This chapter does not deprive a partner of a right under exemption laws with respect to the partner's interest in the partnership.
E. This section provides the exclusive remedy by which a judgment creditor of a partner or partner's transferee may satisfy a judgment out of the judgment debtor's transferable interest in the partnership.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 29-1044
What does Arizona Revised Statutes § 29-1044 cover?
Section 29-1044 ("Partner's transferable interest subject to charging order") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 29-1044?
A common citation format is "Arizona Revised Statutes § 29-1044" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 29-1044 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.