Sec. 152.306. ENFORCEMENT OF REMEDY. (a) A judgment against a partnership is not by itself a judgment against a partner. A judgment may be entered against a partner who has been served with process in a suit against the partnership.
(b) Except as provided by Subsection (c), a creditor may proceed against the property of one or more partners to satisfy a judgment based on a claim against the partnership only if a judgment:
(1) is obtained against the partner; and
(2) based on the same claim:
(A) is obtained against the partnership;
(B) has not been reversed or vacated; and
(C) remains unsatisfied for 90 days after:
(i) the date on which the judgment is entered; or
(ii) the date on which the stay expires, if the judgment is contested by appropriate proceedings and execution on the judgment is stayed.
(c) Subsection (b)(2) does not prohibit a creditor from proceeding directly against the property of one or more partners if:
(1) the partnership is a debtor in bankruptcy;
(2) the creditor and the partner or partners whose property is the subject of the proceeding brought by the creditor agreed that the creditor is not required to comply with Subsection (b)(2);
(3) a court orders otherwise, based on a finding that partnership property subject to execution in the state is clearly insufficient to satisfy the judgment or that compliance with Subsection (b)(2) is excessively burdensome; or
(4) liability is imposed on the partner by law or contract independently of the person's status as a partner.
(d) This section does not limit the effect of Section 152.801 with respect to a limited liability partnership.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 12, eff. September 1, 2019.
Structure Texas Statutes
Chapter 152 - General Partnerships
Subchapter E. Relationship Between Partners and Other Persons
Section 152.301. Partner as Agent
Section 152.302. Binding Effect of Partner's Action
Section 152.303. Liability of Partnership for Conduct of Partner
Section 152.304. Nature of Partner's Liability
Section 152.306. Enforcement of Remedy
Section 152.307. Extension of Credit in Reliance on False Representation
Section 152.308. Partner's Partnership Interest Subject to Charging Order