Tex. Bus. Orgs. Code § 152.006 · Subchapter A. GENERAL PROVISIONS
CERTAIN PROVISIONS APPLICABLE TO PARTNERSHIPS TRADED ON A NATIONAL SECURITIES EXCHANGE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The provisions of Sections 152.002(e) and 153.163 apply only to a partnership that has a class or series of partnership interests listed on a national securities exchange.
(b) This section may not be construed as prohibiting any partnership from adopting, in its partnership agreement, provisions that duplicate the effect of Sections 152.002(e) and 153.163, regardless of whether the partnership has a class or series of partnership interests listed on a national securities exchange.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 21 (S.B. 29), Sec. 22, eff. May 14, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.152.htm
- Text hash
- sha256 bc76c592a6106e7cbecf36c6601a062a2e7716e5ffaaa9457674c2359ba768f4
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Business Organizations Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.