Tex. Business Organizations Code § 152.209
This is the official text of Tex. Business Organizations Code § 152.209, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 152.209. DECISION-MAKING REQUIREMENT.
Official statutory text
(a) A difference arising in a matter in the ordinary course of the partnership business may be decided by a majority-in-interest of the partners.
(b) An act outside the ordinary course of business of a partnership may be undertaken only with the consent of all partners.
(b) An act outside the ordinary course of business of a partnership may be undertaken only with the consent of all partners.
Status: in_force · Read it on the official government site
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