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Texas Business Organizations Code

§ 152.403 — EFFECT OF TRANSFER ON TRANSFEROR

BO § 152.403Title 4. PARTNERSHIPS · Ch. 152. GENERAL PARTNERSHIPS · Art. F. TRANSFER OF PARTNERSHIP INTERESTS

Statute text

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After transfer, the transferor continues to have the rights and duties of a partner other than the interest transferred.

Legislative history

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

Source: Texas Business Organizations Code § 152.403 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.