Texas Business Organizations Code 152.004 – Rule of Statutory Construction Not Applicable
Current as of: 2024 | Check for updates
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Terms Used In Texas Business Organizations Code 152.004
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Rule: includes regulation. See Texas Government Code 311.005
- Statute: A law passed by a legislature.
The rule that a statute in derogation of the common law is to be strictly construed does not apply to this chapter or the other partnership provisions.