Texas Statutes
§ 152.701 — EFFECT OF EVENT REQUIRING WINDING UP.
Texas § 152.701
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 152.701 (EFFECT OF EVENT REQUIRING WINDING UP.) 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. § 152.701 (2026).
Text
Sec. 152.701. EFFECT OF EVENT REQUIRING WINDING UP. On the occurrence of an event requiring winding up of a partnership business under Section 11.051 or 11.057 :
(1)the partnership continues until the winding up of its business is completed, at which time the partnership is terminated; and
(2)the relationship among the partners is changed as provided by this subchapter.
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Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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 § 152.701, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/152.701.