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Texas Business Organizations Code

§ 152.054 — FALSE REPRESENTATION OF PARTNERSHIP OR PARTNER

BO § 152.054Title 4. PARTNERSHIPS · Ch. 152. GENERAL PARTNERSHIPS · Art. B. NATURE AND CREATION OF PARTNERSHIP

Statute text

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(a)A false representation or other conduct falsely indicating that a person is a partner with another person does not of itself create a partnership.
(b)A representation or other conduct indicating that a person is a partner in an existing partnership, if that is not the case, does not of itself make that person a partner in the partnership.

Legislative history

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

Source: Texas Business Organizations Code § 152.054 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.