{"data":{"id":"us-tx/tex.-business-organizations-code-152.701","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 152.701","heading":"EFFECT OF EVENT REQUIRING WINDING UP.","body":"On the occurrence of an event requiring winding up of a partnership business under Section 11.051 or 11.057:\n(1) the partnership continues until the winding up of its business is completed, at which time the partnership is terminated; and\n(2) the relationship among the partners is changed as provided by this subchapter.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 4. PARTNERSHIPS","CHAPTER 152. GENERAL PARTNERSHIPS","SUBCHAPTER I. SUPPLEMENTAL WINDING UP AND TERMINATION PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.152.htm#152.701","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"3561e11c3453c6b9ad5655e0fa27b8a9d577f695baa393cfc8a07ede4e1aeb95","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-152.612","next":"us-tx/tex.-business-organizations-code-152.702"},"notice":"GroundRules: Original legal text. Not legal advice."}