Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 4. PARTNERSHIPS |
Chapter 152. GENERAL PARTNERSHIPS |
Subchapter G. WITHDRAWAL OF PARTNER |
Sec. 152.502. EFFECT OF EVENT OF WITHDRAWAL ON PARTNERSHIP AND OTHER PARTNERS
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A partnership continues after an event of withdrawal. The event of withdrawal affects the relationships among the withdrawn partner, the partnership, and the continuing partners as provided by Sections 152.503-152.506 and Subchapter H.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.