Section 152.404 - Rights and Duties of Transferee(a) A transferee of a partner's partnership interest is entitled to receive, to the extent transferred, distributions to which the transferor otherwise would be entitled.(b) If an event requires a winding up of partnership business under Subchapter I, a transferee is entitled to receive, to the extent transferred, the net amount otherwise distributable to the transferor.(c) Until a transferee becomes a partner, the transferee does not have liability as a partner solely as a result of the transfer.(d) For a proper purpose the transferee may require reasonable information or an account of a partnership transaction and make reasonable inspection of the partnership books. In a winding up of partnership business, a transferee may require an accounting only from the date of the latest account agreed to by all of the partners.(e) Until receipt of notice of a transfer, a partnership is not required to give effect to a transferee's rights under this section and Sections 152.401-152.403.Tex. Bus. Org. Code § 152.404
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.