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Texas Business Organizations Code - Section 153.154. Contributions By And Distributions To General Partner

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 153.154. Contributions By And Distributions To General Partner

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§ 153.154. CONTRIBUTIONS BY AND DISTRIBUTIONS TO GENERAL PARTNER. A general partner of a limited partnership may make a contribution to, be allocated profits and losses of, and receive a distribution from the limited partnership as a general partner, a limited partner, or both. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.

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Last modified: August 11, 2007