Florida Statute 620.1703
“Rights of creditor of partner or transferee”
What it means
On application by a judgment creditor of a partner or transferee, a court may charge the partnership interest or transferable interest with payment of the unsatisfied amount of the judgment, with interest. To the extent charged, the creditor has only the rights of a transferee of the interest (subsection (1)).
This section is the exclusive remedy a judgment creditor may use to satisfy a judgment out of the debtor's interest in the limited partnership. Other remedies, including foreclosure on the interest and a court order for the directions, accounts, and inquiries the debtor general or limited partner might have made, are not available and may not be ordered (subsection (3)).
The act does not deprive a partner or transferee of the benefit of an exemption law applicable to the interest (subsection (2)).
- A court may charge the interest with the unsatisfied judgment, and the creditor then has only the rights of a transferee (§ 620.1703(1)).
- This section is the exclusive remedy for satisfying a judgment out of the debtor's interest (§ 620.1703(3)).
- Foreclosure on the interest is not available and may not be ordered (§ 620.1703(3)).
- A court order for the directions, accounts, and inquiries the debtor partner might have made is not available to the creditor (§ 620.1703(3)).
- A partner or transferee keeps the benefit of any applicable exemption law (§ 620.1703(2)).
Text of the statute (2026)
(1) On application to a court of competent jurisdiction by any judgment creditor of a partner or transferee, the court may charge the partnership interest of the partner or transferable interest of a transferee with payment of the unsatisfied amount of the judgment with interest. To the extent so charged, the judgment creditor has only the rights of a transferee of the partnership interest.
(2) This act shall not deprive any partner or transferee of the benefit of an exemption law applicable to the partner’s partnership or transferee’s transferable interest.
(3) This section provides the exclusive remedy which a judgment creditor of a partner or transferee may use to satisfy a judgment out of the judgment debtor’s interest in the limited partnership or transferable interest. Other remedies, including foreclosure on the partner’s interest in the limited partnership or a transferee’s transferable interest and a court order for directions, accounts, and inquiries that the debtor general or limited partner might have made, are not available to the judgment creditor attempting to satisfy the judgment out of the judgment debtor’s interest in the limited partnership and may not be ordered by a court.
Excerpts are the subsections the summary relies on. Read the full official text of § 620.1703.
History. s. 17, ch. 2005-267.
How it applies
Section 620.1703 sets the remedy for a creditor holding a judgment against a limited partnership interest. The creditor applies to the court for a charging order, and the creditor then holds only a transferee's rights, which under s. 620.1702 are rights to distributions and not to management or records. The same section applies to a judgment against a transferee. Foreclosure on the interest is not available, and applicable exemption laws remain in effect under subsection (2).
Where this shows up
Pages on this site where § 620.1703 does real work:
Questions people ask
Sources
- Florida Statutes (2026), section 620.1703 (Subsection (1): charging order; (2): exemption laws; (3): exclusive remedy and unavailable remedies.)
- Florida Statutes (2026), section 620.1702 (Cross-reference: the rights of a transferee.)
Last checked: October 17, 2026
Published by the Probate.Help editorial team.How these pages are written and checked.