{"data":{"id":"us-tx/tex.-business-organizations-code-152.702","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 152.702","heading":"PERSONS ELIGIBLE TO WIND UP PARTNERSHIP BUSINESS.","body":"(a) After the occurrence of an event requiring a winding up of a partnership business, the partnership business may be wound up by:\n(1) the partners who have not withdrawn;\n(2) the legal representative of the last surviving partner; or\n(3) a person appointed by the court to carry out the winding up under Subsection (b).\n(b) On application of a partner, a partner's legal representative or transferee, or a withdrawn partner whose interest is not redeemed under Section 152.608, a court, for good cause, may appoint a person to carry out the winding up and may make an order, direction, or inquiry that the circumstances require.\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#152.702","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"9375f77b2851a1739d516f31538450f8454192fb161c98c89a3e463acc11f114","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-152.701","next":"us-tx/tex.-business-organizations-code-152.703"},"notice":"GroundRules: Original legal text. Not legal advice."}