153.003 – APPLICABILITY OF OTHER LAWS. (a) Except as
Texas Business Organizations Code § 153.003
Summary
This law clarifies that in situations not specifically addressed by the limited partnership provisions, general partnership laws apply. However, it ensures that the specific roles and responsibilities of limited partners are not overridden by general partnership rules.
General partnership laws apply when limited partnership provisions are absent.
Limited partners' powers and duties are distinct from general partnerships.
Inconsistencies with limited partner roles are not allowed under Chapter 152.
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 APPLICABILITY OF OTHER LAWS. (a) Except as 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.