Texas Business Organizations Code 152.213 – Information Regarding Partnership
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(a) On request and to the extent just and reasonable, each partner and the partnership shall furnish complete and accurate information concerning the partnership to:
(1) a partner;
(2) the legal representative of a deceased partner or a partner who has a legal disability; or
(3) an assignee.
(b) A legal representative of a deceased partner or a partner who has a legal disability and an assignee are subject to the duties of a partner with respect to information made available.
Terms Used In Texas Business Organizations Code 152.213
- Partner: means a limited partner or general partner. See Texas Business Organizations Code 1.002
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: means an entity governed as a partnership under Title 4. See Texas Business Organizations Code 1.002