152.306 – ENFORCEMENT OF REMEDY. (a) A judgment against a
Texas Business Organizations Code § 152.306
Summary
This law clarifies that a judgment against a partnership does not automatically extend to its partners. A creditor must obtain a separate judgment against an individual partner to pursue their personal assets for partnership debts.
Judgment against a partnership doesn't affect individual partners.
Creditors need a separate judgment against a partner.
Partner's assets can be pursued only if properly served.
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In simple terms: Learn about Texas's ENFORCEMENT OF REMEDY. (a) A judgment against a 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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