152.308 – PARTNER'S PARTNERSHIP INTEREST SUBJECT TO
Texas Business Organizations Code § 152.308
Summary
This law allows a judgment creditor to obtain a court order to charge a partner's interest in a partnership to satisfy a debt. It limits the creditor's rights to only the distributions the partner would have received, not ownership or control of the partnership itself.
Judgment creditors can charge a partner's interest to satisfy debts.
Creditors only receive distributions, not ownership rights.
Court jurisdiction is required for the charging order.
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 PARTNER'S PARTNERSHIP INTEREST SUBJECT TO 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.