Texas Business Organizations Code 154.202 – Effect of Partner Change On Relationship Between Partnership and Creditors
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Business Organizations Code 154.202
- Partner: means a limited partner or general partner. See Texas Business Organizations Code 1.002
The relationships between a partnership and its creditors are not affected by the:
(1) withdrawal of a partner; or
(2) addition of a new partner.