Florida Statute 620.1703
“Rights of creditor of partner or transferee”
What it means
A judgment creditor of a limited partner — or of a transferee — may ask the court to charge the transferable interest with the unpaid judgment. The charging order gives the creditor only the rights of a transferee: whatever the partnership actually distributes on that interest.
Subsection (3) closes the other doors: other remedies, including foreclosure on the interest and court orders for the directions, accounts, and inquiries the debtor partner could have sought, are not available. The section also leaves applicable exemption laws untouched.
- The charging order reaches distributions only — the creditor stands in a transferee's shoes (§620.1703(1)).
- It is the exclusive remedy; foreclosure on the interest is expressly not available (§620.1703(3)).
- No court-ordered accounts or inquiries into partnership affairs on the creditor's behalf.
- Exemption laws applicable to the interest are preserved (§620.1703(2)).
How it plays out
Paired with §620.1702, this is why the family limited partnership doubles as asset protection: a creditor who wins a judgment against one partner waits on distributions the general partner controls, and cannot force a sale or an audit. We see the flip side in estates — when a decedent's creditors pursue a partnership interest the estate holds, the charging-order wall stands, but distributions that do arrive are estate assets, and claims against the estate itself run through the ordinary probate claims process.
Where this shows up
Pages on this site where § 620.1703 does real work:
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