Texas Statutes
§ 153.111 — DISTRIBUTION ON WITHDRAWAL.
Texas § 153.111
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 153.111 (DISTRIBUTION ON WITHDRAWAL.) 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. § 153.111 (2026).
Text
Sec. 153.111. DISTRIBUTION ON WITHDRAWAL. Except as otherwise provided by Section 153.210 or the partnership agreement, on withdrawal a withdrawing limited partner is entitled to receive, not later than a reasonable time after withdrawal, the fair value of that limited partner's interest in the limited partnership as of the date of withdrawal.
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Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Nearby Sections
15
§ 153.001
DEFINITION.§ 153.002
CONSTRUCTION.§ 153.003
APPLICABILITY OF OTHER LAWS.§ 153.004
NONWAIVABLE TITLE 1 PROVISIONS.§ 153.053
RESTATED CERTIFICATE OF FORMATION.§ 153.101
ADMISSION OF LIMITED PARTNERS.§ 153.102
LIABILITY TO THIRD PARTIES.§ 153.105
CREATION OF RIGHTS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 153.111, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/153.111.