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

Tex. Business Organizations Code § 153.255: LIABILITY OF ASSIGNOR.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 4. PARTNERSHIPS
  3. CHAPTER 153. LIMITED PARTNERSHIPS
  4. SUBCHAPTER F. PARTNERSHIP INTEREST

Regardless of whether an assignee of a partnership interest becomes a limited partner, the assignor is not released from the assignor's liability to the limited partnership under Subchapter E and Sections 153.105, 153.112, and 153.162.

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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