Effect of Event of Withdrawal On Partnership and Other Partners

Tex. Business Organizations Code § 152.502, under Chapter 152.

Tex. Business Organizations Code § 152.502

Sec. 152.502. EFFECT OF EVENT OF WITHDRAWAL ON PARTNERSHIP AND OTHER PARTNERS. A partnership continues after an event of withdrawal. The event of withdrawal affects the relationships among the withdrawn partner, the partnership, and the continuing partners as provided by Sections 152.503-152.506 and Subchapter H. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.