Sec. 152.307. EXTENSION OF CREDIT IN RELIANCE ON FALSE REPRESENTATION. (a) The rights of a person extending credit in reliance on a representation described by Section 152.054 are determined by applicable law other than this chapter and the other partnership provisions, including the law of estoppel, agency, negligence, fraud, and unjust enrichment.
(b) The rights and duties of a person held liable under Subsection (a) are also determined by law other than the law described by Subsection (a).
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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