Tex. Business Organizations Code § 152.001
This is the official text of Tex. Business Organizations Code § 152.001, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 152.001. DEFINITIONS.
Official statutory text
In this chapter:
(1) "Event of withdrawal" or "withdrawal" means an event specified by Section 152.501(b).
(2) "Event requiring a winding up" means an event specified by Section 11.051 or 11.057.
(3) "Foreign limited liability partnership" means a partnership that:
(A) is foreign; and
(B) has the status of a limited liability partnership pursuant to the laws of the jurisdiction of formation.
(4) "Other partnership provisions" means the provisions of Chapters 151 and 154 and Title 1 to the extent applicable to partnerships.
(5) "Transfer" includes:
(A) an assignment;
(B) a conveyance;
(C) a lease;
(D) a mortgage;
(E) a deed;
(F) an encumbrance; and
(G) the creation of a security interest.
(6) "Withdrawn partner" means a partner with respect to whom an event of withdrawal has occurred.
(1) "Event of withdrawal" or "withdrawal" means an event specified by Section 152.501(b).
(2) "Event requiring a winding up" means an event specified by Section 11.051 or 11.057.
(3) "Foreign limited liability partnership" means a partnership that:
(A) is foreign; and
(B) has the status of a limited liability partnership pursuant to the laws of the jurisdiction of formation.
(4) "Other partnership provisions" means the provisions of Chapters 151 and 154 and Title 1 to the extent applicable to partnerships.
(5) "Transfer" includes:
(A) an assignment;
(B) a conveyance;
(C) a lease;
(D) a mortgage;
(E) a deed;
(F) an encumbrance; and
(G) the creation of a security interest.
(6) "Withdrawn partner" means a partner with respect to whom an event of withdrawal has occurred.
Status: in_force · Read it on the official government site
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