Sec. 154.202. EFFECT OF PARTNER CHANGE ON RELATIONSHIP BETWEEN PARTNERSHIP AND CREDITORS. The relationships between a partnership and its creditors are not affected by the:
(1) withdrawal of a partner; or
(2) addition of a new partner.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 154 - Provisions Applicable to Both General and Limited Partnerships
Subchapter C. Partnership Transactions and Relationships
Section 154.201. Business Transactions Between Partner and Partnership
Section 154.202. Effect of Partner Change on Relationship Between Partnership and Creditors