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Texas Business Organizations Code

§ 152.101 — NATURE OF PARTNERSHIP PROPERTY

BO § 152.101Title 4. PARTNERSHIPS · Ch. 152. GENERAL PARTNERSHIPS · Art. C. PARTNERSHIP PROPERTY

Statute text

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Partnership property is not property of the partners. A partner or a partner's spouse does not have an interest in partnership property.

Legislative history

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

Source: Texas Business Organizations Code § 152.101 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.