Tex. Bus. Orgs. Code § 152.307 · Subchapter E. RELATIONSHIP BETWEEN PARTNERS AND OTHER PERSONS
EXTENSION OF CREDIT IN RELIANCE ON FALSE REPRESENTATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The rights of a person extending credit in reliance on a representation described by Section 152.054 are determined by applicable law other than this chapter and the other partnership provisions, including the law of estoppel, agency, negligence, fraud, and unjust enrichment.
(b) The rights and duties of a person held liable under Subsection (a) are also determined by law other than the law described by Subsection (a).
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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 249f2734af42757ee24585a91ea73f288dbc55929265a03ccafbd7be3580a3fb
- 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
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Business Organizations Code
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