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Texas Business Organizations Code - Section 153.255. Liability Of Assignor

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 153.255. Liability Of Assignor

§ 153.255. LIABILITY OF ASSIGNOR.  Regardless of whether 
an assignee of a partnership interest becomes a limited partner, 
the assignor is not released from the assignor's liability to the 
limited partnership under Subchapter E and Sections 153.105, 
153.112, and 153.162.

Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.                     

Last modified: August 10, 2007