152.004 – RULE OF STATUTORY CONSTRUCTION NOT APPLICABLE.
Texas Business Organizations Code § 152.004
Summary
This law clarifies that the strict construction rule for statutes that alter common law does not apply to partnership provisions. It affects the interpretation of partnership laws in Texas, allowing for more flexibility in their application.
Strict construction rule does not apply to partnership laws.
Allows for broader interpretation of partnership provisions.
Affects how courts may interpret partnership-related statutes.
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In simple terms: Learn about Texas's RULE OF STATUTORY CONSTRUCTION NOT APPLICABLE. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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