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Texas Business Organizations Code

§ 154.002 — TRANSFER OF INTEREST IN PARTNERSHIP PROPERTY PROHIBITED

BO § 154.002Title 4. PARTNERSHIPS · Ch. 154. PROVISIONS APPLICABLE TO BOTH GENERAL AND LIMITED PARTNERSHIPS · Art. A. PARTNERSHIP INTERESTS

Statute text

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A partner does not have an interest that can be transferred, voluntarily or involuntarily, in partnership property.

Legislative history

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

Source: Texas Business Organizations Code § 154.002 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.