Tex. Bus. Orgs. Code § 152.703 · Subchapter I. SUPPLEMENTAL WINDING UP AND TERMINATION PROVISIONS
RIGHTS AND DUTIES OF PERSON WINDING UP PARTNERSHIP BUSINESS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) To the extent appropriate for winding up, as soon as reasonably practicable, and in the name of and for and on behalf of the partnership, a person winding up a partnership's business may take the actions specified in Sections 11.052, 11.053, and 11.055.
(b) Section 11.052(a)(2) shall not be applicable to a partnership.
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 5656ee3d672d65ec83b25934e48bb928c5c43b2d8bd1367122e28bb14a54dcb8
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business Organizations Code
- Tex. Bus. Orgs. Code § 11.052WINDING UP PROCEDURES.Printed as Section 11.052(a)(2) | Sections 11.052, 11.053, and 11.055
- Tex. Bus. Orgs. Code § 11.053PROPERTY APPLIED TO DISCHARGE LIABILITIES AND OBLIGATIONS.Printed as Sections 11.052, 11.053, and 11.055
- Tex. Bus. Orgs. Code § 11.055COURT ACTION OR PROCEEDING DURING WINDING UP.Printed as Sections 11.052, 11.053, and 11.055
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.