Tex. Business Organizations Code § 152.604
This is the official text of Tex. Business Organizations Code § 152.604, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 152.604. SETOFF FOR CERTAIN DAMAGES.
Official statutory text
The partnership may set off against the redemption price payable to the withdrawn partner the damages for wrongful withdrawal under Section 152.503(b) and all other amounts owed by the withdrawn partner to the partnership, whether currently due, including interest.
Status: in_force · Read it on the official government site
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