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31 chapters · 1,359 sections in this title.
Tex. Business Organizations Code § 154.001 Nature of Partner'S Partnership Interest
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Sec. 154.001. NATURE OF PARTNER'S PARTNERSHIP INTEREST. (a) A partner's partnership interest is personal property for all purposes. (b) A partner's partnership interest may be community property under applicable law. (c) A partner is not a co-owner of partnership property. (d) Se…
Tex. Business Organizations Code § 154.002 Transfer of Interest In Partnership Property Prohibited
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Sec. 154.002. TRANSFER OF INTEREST IN PARTNERSHIP PROPERTY PROHIBITED. A partner does not have an interest that can be transferred, voluntarily or involuntarily, in partnership property. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. SUBCHAPTER B. PARTNERSHIP AGREEMENT
Tex. Business Organizations Code § 154.101 Class Or Group of Partners
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Sec. 154.101. CLASS OR GROUP OF PARTNERS. (a) A partnership agreement may establish or provide for the future creation of additional classes or groups of one or more partners that have certain express relative rights, powers, and duties, including voting rights. The future creati…
Tex. Business Organizations Code § 154.102 Provisions Relating To Voting
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Sec. 154.102. PROVISIONS RELATING TO VOTING. A partnership agreement that grants or provides for granting a right to vote to a partner may contain a provision relating to: (1) giving notice of the time, place, or purpose of a meeting at which a matter is to be voted on by the par…