Tex. Estates Code § 351.104
This is the official text of Tex. Estates Code § 351.104, part of Texas’s Estates Code — governs wills, probate, and estate administration.
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§ 351.104. ADMINISTRATION OF PARTNERSHIP INTEREST.
Official statutory text
(a) If a decedent was a partner in a general partnership and the partnership agreement or articles of partnership provide that, on the death of a partner, the partner's personal representative is entitled to that partner's place in the partnership, a personal representative accordingly contracting to enter the partnership under the partnership agreement or articles of partnership is, to the extent allowed by law, liable to a third person only to the extent of:
(1) the deceased partner's capital in the partnership; and
(2) the estate's assets held by the representative.
(b) This section does not exonerate a personal representative from liability for the representative's negligence.
(1) the deceased partner's capital in the partnership; and
(2) the estate's assets held by the representative.
(b) This section does not exonerate a personal representative from liability for the representative's negligence.
Status: in_force · Read it on the official government site
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