Tex. Bus. Org. Code § 153.157

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 153.157 - Withdrawal of General Partner in Violation of Partnership Agreement

Unless otherwise provided by the partnership agreement, a withdrawal by a general partner of a partnership having a period of duration or for a particular undertaking before the expiration of that period or completion of that undertaking is a breach of the partnership agreement.

Tex. Bus. Org. Code § 153.157

Amended by Acts 2007, 80th Leg., R.S., Ch. 688, Sec. 123, eff. 9/1/2007.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.