Sec. 153.505. APPROVAL OF REINSTATEMENT. To approve a reinstatement of a limited partnership under Section 11.202, all of the remaining partners, or another group or percentage of partners as specified by the partnership agreement, must agree in writing to reinstate and continue the business of the limited partnership.
Added by Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 128, eff. September 1, 2007.
Structure Texas Statutes
Chapter 153 - Limited Partnerships
Subchapter K. Supplemental Winding Up and Termination Provisions
Section 153.501. Cancellation or Revocation of Event Requiring Winding Up; Continuation of Business
Section 153.502. Winding Up Procedures
Section 153.503. Powers of Person Conducting Wind Up