{"data":{"id":"us-tx/tex.-business-organizations-code-153.252","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 153.252","heading":"RIGHTS OF ASSIGNOR.","body":"(a) Except as otherwise provided by the partnership agreement, until the assignee becomes a partner, the assignor partner continues to be a partner in the limited partnership. The assignor partner may exercise any rights or powers of a partner, except to the extent those rights or powers are assigned.\n(b) Except as otherwise provided by the partnership agreement, on the assignment by a general partner of all of the general partner's rights as a general partner, the general partner's status as a general partner may be terminated by the affirmative vote of a majority-in-interest of the limited partners.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 4. PARTNERSHIPS","CHAPTER 153. LIMITED PARTNERSHIPS","SUBCHAPTER F. PARTNERSHIP INTEREST"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.153.htm#153.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"c6bfdeb77eee816ec4de3df1b82f319c1edbb55ec362d6d37261f95753b21c2f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-153.251","next":"us-tx/tex.-business-organizations-code-153.253"},"notice":"GroundRules: Original legal text. Not legal advice."}
