153.110 – WITHDRAWAL OF LIMITED PARTNER. A limited partner
Texas Business Organizations Code § 153.110
Summary
This law outlines the conditions under which a limited partner can withdraw from a limited partnership. Withdrawal is only permitted at specific times or events as defined in the partnership agreement, ensuring compliance with the agreed terms.
Limited partners can only withdraw as specified in the partnership agreement.
Withdrawal must adhere to the terms outlined in the agreement.
This law protects the partnership's integrity by regulating withdrawals.
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 WITHDRAWAL OF LIMITED PARTNER. A limited partner 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.