Tex. Bus. Org. Code § 153.201

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 153.201 - Form of Contribution

The contribution of a partner may consist of a tangible or intangible benefit to the limited partnership or other property of any kind or nature, including:

(1) cash;

(2) a promissory note;

(3) services performed;

(4) a contract for services to be performed; and

(5) another interest in or security of the limited partnership, another domestic or foreign limited partnership, or other entity.

Tex. Bus. Org. Code § 153.201

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.

Amended by Acts 2005, 79th Leg., Ch. 64, Sec. 89, eff. 1/1/2006.