Sec. 154.103. NOTICE OF ACTION BY CONSENT WITHOUT A MEETING  


Latest version.
  • (a) Prompt notice of the taking of an action under a partnership agreement that may be taken without a meeting by consent of fewer than all of the partners shall be given to a partner who has not given written consent to the action.

    (b) For purposes of this section, the "taking of an action" includes:

    (1) amending the partnership agreement; or

    (2) creating under the partnership agreement a class of partners that did not previously exist.

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