Warren v. Rasco

Appellant Billie Warren appeals from an order of the Circuit Court of Shelby County, Alabama, granting appellee Wayne Rasco's motion for judgment on the pleadings. The facts of this case are as follows:

On January 24, 1978, Elmer H. Davis and four of his nephews formed a limited partnership. One nephew was a general partner, and the others, along with Elmer Davis, were limited partners. The pertinent section of the limited partnership agreement, concerning transferability of partners' interests, follows:

10. (a) Any limited partner shall have the right to assign his or her interest in the…