Texas § 153.258 SUBSCRIPTIONS.

Texas Statutes

§ 153.258 — SUBSCRIPTIONS.

Texas § 153.258

Code BOBusiness Organizations Code

This text of Texas § 153.258 (SUBSCRIPTIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Tex. Business Organizations Code Code Ann. § 153.258 (2026).

Text

Sec. 153.258. SUBSCRIPTIONS.

(a)A subscription to purchase a partnership interest in a limited partnership in the process of being formed is irrevocable to the extent provided by the terms of the subscription if:

(1)the subscription is in writing and signed by the subscriber; and

(2)the subscription states that it is irrevocable.

(b)A written subscription entered into after the limited partnership is formed is a contract between the subscriber and the partnership. SUBCHAPTER G. REPORTS

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Sec. 153.258. SUBSCRIPTIONS. (a) A subscription to purchase a partnership interest in a limited partnership in the process of being formed is irrevocable to the extent provided by the terms of the subscription if:
(1) the subscription is in writing and signed by the subscriber; and
(2) the subscription states that it is irrevocable.
(b) A written subscription entered into after the limited partnership is formed is a contract between the subscriber and the partnership.
SUBCHAPTER G. REPORTS