Sec. 153.255. LIABILITY OF ASSIGNOR. Regardless of whether an assignee of a partnership interest becomes a limited partner, the assignor is not released from the assignor's liability to the limited partnership under Subchapter E and Sections 153.105, 153.112, and 153.162.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 153 - Limited Partnerships
Subchapter F. Partnership Interest
Section 153.251. Assignment of Partnership Interest
Section 153.252. Rights of Assignor
Section 153.253. Rights of Assignee
Section 153.254. Liability of Assignee
Section 153.255. Liability of Assignor
Section 153.256. Partner's Partnership Interest Subject to Charging Order
Section 153.257. Exemption Laws Applicable to Partnership Interest Not Affected