Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 153.204 - Enforceability of Obligation(a) Notwithstanding a compromise or release under Section 153.203, a creditor of a limited partnership who extends credit or otherwise acts in reasonable reliance on an obligation described by Section 153.203 may enforce the original obligation if: (1) the obligation is reflected in a document signed by the partner; and(2) the document is not amended or canceled to reflect the compromise or release.(b) Notwithstanding the compromise or release, a general partner remains liable to persons other than the partnership and the other partners, as provided by Sections 153.152(a)(2) and (b).Tex. Bus. Org. Code § 153.204
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.