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Texas Business Organizations Code - Section 152.053. Qualifications To Be Partner; Nonpartner's Liability To Third Person

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 152.053. Qualifications To Be Partner; Nonpartner's Liability To Third Person

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§ 152.053. QUALIFICATIONS TO BE PARTNER; NONPARTNER'S LIABILITY TO THIRD PERSON. (a) A person may be a partner unless the person lacks capacity apart from this chapter. (b) Except as provided by Section 152.307, a person who is not a partner in a partnership under Section 152.051 is not a partner as to a third person and is not liable to a third person under this chapter. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.

Section: Previous 152.001 152.002 152.003 152.004 152.005 152.051 152.052 152.053 152.054 152.055 152.056 152.101 152.102 152.201 152.202 Next

Last modified: August 11, 2007