{"data":{"id":"us-tx/tex.-business-organizations-code-152.705","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 152.705","heading":"PARTNER'S LIABILITY TO OTHER PARTNERS AFTER EVENT REQUIRING WINDING UP.","body":"(a) Except as provided by Subsection (b), after the occurrence of an event requiring winding up of the partnership business, the losses with respect to which a partner must contribute under Section 152.708(a) include losses from a liability incurred under Section 152.704.\n(b) A partner who incurs, with notice that an event requiring a winding up of the partnership business has occurred, a partnership liability under Section 152.704(2) by an act that is not appropriate for winding up is liable to the partnership for a loss caused to the partnership arising from that liability.\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#152.705","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"670847b2e416a23fc303e86fd924e1d27f015d3898596622fbacb8326a53f8e5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-152.704","next":"us-tx/tex.-business-organizations-code-152.706"},"notice":"GroundRules: Original legal text. Not legal advice."}