Texas § 10.107 SPECIAL PROVISIONS APPLYING TO PARTNERSHIP CONVERSIONS.

Texas Statutes

§ 10.107 — SPECIAL PROVISIONS APPLYING TO PARTNERSHIP CONVERSIONS.

Texas § 10.107

Code BOBusiness Organizations Code

This text of Texas § 10.107 (SPECIAL PROVISIONS APPLYING TO PARTNERSHIP CONVERSIONS.) 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.

Bluebook

Tex. Business Organizations Code Code Ann. § 10.107 (2026).

Text

Sec. 10.107. SPECIAL PROVISIONS APPLYING TO PARTNERSHIP CONVERSIONS.

(a)If a partnership is formed under a plan of conversion under this code, the existence of the partnership as a partnership begins when the conversion takes effect, and the owners or members designated to become the partners under the plan of conversion become the partners at that time.

(b)The partnership agreement of a domestic partnership that is converting must contain provisions that authorize the conversion provided for in the plan of conversion adopted by the partnership.

(c)A domestic partnership that is converting must approve the plan of conversion in the manner provided in its partnership agreement.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 10.107. SPECIAL PROVISIONS APPLYING TO PARTNERSHIP CONVERSIONS. (a) If a partnership is formed under a plan of conversion under this code, the existence of the partnership as a partnership begins when the conversion takes effect, and the owners or members designated to become the partners under the plan of conversion become the partners at that time.
(b) The partnership agreement of a domestic partnership that is converting must contain provisions that authorize the conversion provided for in the plan of conversion adopted by the partnership.
(c) A domestic partnership that is converting must approve the plan of conversion in the manner provided in its partnership agreement.