Sec. 154.202. EFFECT OF PARTNER CHANGE ON RELATIONSHIP BETWEEN PARTNERSHIP AND CREDITORS    


Latest version.
  • The relationships between a partnership and its creditors are not affected by the:

    (1) withdrawal of a partner; or

    (2) addition of a new partner.

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