Sec. 152.207. STANDARDS OF CONDUCT APPLICABLE TO PERSON WINDING UP PARTNERSHIP BUSINESS. Sections 152.204-152.206 apply to a person winding up the partnership business as the personal or legal representative of the last surviving partner to the same extent that those sections apply to a partner.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Sec. 152.208. AMENDMENT TO PARTNERSHIP AGREEMENT. A partnership agreement may be amended only with the consent of all partners.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 152 - General Partnerships
Subchapter D. Relationship Between Partners and Between Partners and Partnerships
Section 152.201. Admission as Partner
Section 152.202. Credits of and Charges to Partner
Section 152.203. Rights and Duties of Partner
Section 152.204. General Standards of Partner's Conduct
Section 152.205. Partner's Duty of Loyalty
Section 152.206. Partner's Duty of Care
Section 152.207. Standards of Conduct Applicable to Person Winding Up Partnership Business
Section 152.209. Decision-Making Requirement
Section 152.210. Partner's Liability to Partnership and Other Partners
Section 152.211. Remedies of Partnership and Partners
Section 152.212. Books and Records of Partnership
Section 152.213. Information Regarding Partnership
Section 152.214. Certain Third-Party Obligations Not Affected