{"data":{"id":"us-tx/tex.-business-organizations-code-152.606","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 152.606","heading":"INDEMNIFICATION OF WITHDRAWN PARTNER.","body":"A partnership shall indemnify a withdrawn partner whose interest is redeemed against all partnership obligations, whether incurred before or after the date of withdrawal, except for an obligation incurred by an act of the withdrawn partner under Section 152.504.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 13, eff. September 1, 2019.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 4. PARTNERSHIPS","CHAPTER 152. GENERAL PARTNERSHIPS","SUBCHAPTER H. REDEMPTION OF WITHDRAWING PARTNER'S OR TRANSFEREE'S INTEREST"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.152.htm#152.606","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"2293247b9f0afc1d9ed248a11e7084e33d5d421a787c92b3b33eb2ae5ff90433","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-152.605","next":"us-tx/tex.-business-organizations-code-152.607"},"notice":"GroundRules: Original legal text. Not legal advice."}