Texas Statutes
§ 152.606 — INDEMNIFICATION OF WITHDRAWN PARTNER.
Texas § 152.606
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 152.606 (INDEMNIFICATION OF WITHDRAWN PARTNER.) 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. § 152.606 (2026).
Text
Sec. 152.606. INDEMNIFICATION OF WITHDRAWN PARTNER. A partnership shall indemnify a withdrawn partner whose interest is redeemed against all partnership obligations, whether incurred before or after the date of withdrawal, except for an obligation incurred by an act of the withdrawn partner under Section 152.504 .
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Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859 ), Sec. 13, eff. September 1, 2019.
Nearby Sections
15
§ 152.001
DEFINITIONS.§ 152.003
SUPPLEMENTAL PRINCIPLES OF LAW.§ 152.005
APPLICABLE INTEREST RATE.§ 152.051
PARTNERSHIP DEFINED.§ 152.056
PARTNERSHIP AS ENTITY.§ 152.101
NATURE OF PARTNERSHIP PROPERTY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 152.606, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/152.606.