Tex. Business Organizations Code § 152.801
This is the official text of Tex. Business Organizations Code § 152.801, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 152.801. LIABILITY OF PARTNER.
Official statutory text
(a) Except as provided by the partnership agreement, a partner is not personally liable to any person, including a partner, directly or indirectly, by contribution, indemnity, or otherwise, for any obligation of the partnership incurred while the partnership is a limited liability partnership.
(b) Sections 2.101(1), 152.305, and 152.306 do not limit the effect of Subsection (a) in a limited liability partnership.
(c) For purposes of this section, an obligation is incurred while a partnership is a limited liability partnership if:
(1) the obligation relates to an action or omission occurring while the partnership is a limited liability partnership; or
(2) the obligation arises under a contract or commitment entered into while the partnership is a limited liability partnership.
(d) Subsection (a) does not affect:
(1) the liability of a partnership to pay its obligations from partnership property;
(2) the liability of a partner, if any, imposed by law or contract independently of the partner's status as a partner; or
(3) the manner in which service of citation or other civil process may be served in an action against a partnership.
(e) This section controls over the other parts of this chapter and the other partnership provisions regarding the liability of partners of a limited liability partnership, the chargeability of the partners for the obligations of the partnership, and the obligations of the partners regarding contributions and indemnity.
(b) Sections 2.101(1), 152.305, and 152.306 do not limit the effect of Subsection (a) in a limited liability partnership.
(c) For purposes of this section, an obligation is incurred while a partnership is a limited liability partnership if:
(1) the obligation relates to an action or omission occurring while the partnership is a limited liability partnership; or
(2) the obligation arises under a contract or commitment entered into while the partnership is a limited liability partnership.
(d) Subsection (a) does not affect:
(1) the liability of a partnership to pay its obligations from partnership property;
(2) the liability of a partner, if any, imposed by law or contract independently of the partner's status as a partner; or
(3) the manner in which service of citation or other civil process may be served in an action against a partnership.
(e) This section controls over the other parts of this chapter and the other partnership provisions regarding the liability of partners of a limited liability partnership, the chargeability of the partners for the obligations of the partnership, and the obligations of the partners regarding contributions and indemnity.
Status: in_force · Read it on the official government site
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