Texas Business Organizations Code 154.002 – Transfer of Interest in Partnership Property Prohibited
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Terms Used In Texas Business Organizations Code 154.002
- Partner: means a limited partner or general partner. See Texas Business Organizations Code 1.002
- Property: includes tangible and intangible property and an interest in that property. See Texas Business Organizations Code 1.002
A partner does not have an interest that can be transferred, voluntarily or involuntarily, in partnership property.