Tex. Bus. Orgs. Code § 152.603 · Subchapter H. REDEMPTION OF WITHDRAWING PARTNER'S OR TRANSFEREE'S INTEREST
CONTRIBUTION OBLIGATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a wrongfully withdrawing partner would have been required to make contributions to the partnership under Section 152.707 or 152.708 if an event requiring winding up of the partnership business had occurred at the time of withdrawal, the withdrawn partner is liable to the partnership to make contributions to the partnership in that amount and pay interest on the amount owed.
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 526115cd57d6f7d3527d1aba4a25fe475fb8354f13719354dddc7977b1d13c61
- 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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