11.058 – SUPPLEMENTAL PROVISION FOR LIMITED PARTNERSHIP.
Texas Business Organizations Code § 11.058
Summary
This law outlines the requirements for winding up a domestic limited partnership, necessitating written consent from all partners unless stated otherwise in the partnership agreement. It also specifies that the withdrawal of a general partner triggers the winding-up process.
All partners must consent to wind up the partnership.
Winding up can be revoked under certain conditions.
Withdrawal of a general partner requires winding up.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's SUPPLEMENTAL PROVISION FOR LIMITED PARTNERSHIP. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.