Business Organizations Code § 152.506 — United States — Texas law | Esheria

Business Organizations Code § 152.506

A withdrawn partner can be liable to a third party for a partnership transaction if the transaction happens within two years of withdrawal and the third party lacked notice and reasonably believed the person was still a partner.

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
View official record ↗
partner withdrawal third-party liability

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.

LexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.