Sec. 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(6) "Withdrawn partner" means a partner with respect to whom an event of withdrawal has occurred.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, Sec. 1, eff. Jan. 1, 2006.
Section: 152.001 152.002 152.003 152.004 152.005 152.051 152.052 152.053 152.054 152.055 152.0551 152.056 152.101 152.102 152.201 NextLast modified: September 28, 2016