Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 152.704: BINDING EFFECT OF PARTNER'S ACTION AFTER EVENT REQUIRING WINDING UP.

Where this section sits in the code

BUSINESS ORGANIZATIONS CODE
TITLE 4. PARTNERSHIPS
CHAPTER 152. GENERAL PARTNERSHIPS
SUBCHAPTER I. SUPPLEMENTAL WINDING UP AND TERMINATION PROVISIONS

After the occurrence of an event requiring winding up of the partnership business, a partnership is bound by a partner's act that:

(1) is appropriate for winding up; or

(2) would bind the partnership under Sections 152.301 and 152.302 before the occurrence of the event requiring winding up, if the other party to the transaction does not have notice that an event requiring winding up has occurred.

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

Collected 2026-08-27T01:46:58Z. Source file · JSON

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