Texas Business Organizations Code - Section 152.001. Definitions
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§ 152.001. DEFINITIONS. In this chapter:
(1) "Event of withdrawal" or "withdrawal" means an
event specified by Section 152.501(b).
(2) "Event requiring a winding up" means an event
specified by Section 11.051 or 11.057.
(3) "Foreign limited liability partnership" means a
partnership that:
(A) is foreign; and
(B) has the status of a limited liability
partnership pursuant to the laws of the jurisdiction of formation.
(4) "Other partnership provisions" means the
provisions of Chapters 151 and 154 and Title 1 to the extent
applicable to partnerships.
(5) "Transfer" includes:
(A) an assignment;
(B) a conveyance;
(C) a lease;
(D) a mortgage;
(E) a deed;
(F) an encumbrance; and
(G) the creation of a security interest.
(6) "Withdrawn partner" means a partner with respect
to whom an event of withdrawal has occurred.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 101.501 101.502 101.551 101.552 151.001 151.002 151.003 152.001 152.002 152.003 152.004 152.005 152.051 152.052 152.053
Last modified: August 11, 2007
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