Texas § BO.153.253 - RIGHTS OF ASSIGNEE

Full text of Texas The Texas Constitution § BO.153.253 — RIGHTS OF ASSIGNEE, with citation guidance and answers to common questions.

§ BO.153.253. RIGHTS OF ASSIGNEE

RIGHTS OF ASSIGNEE. (a) An assignee of a partnership interest, including the partnership interest of a general partner, may become a limited partner if and to the extent that: (1) the partnership agreement provides; or (2) all partners consent. (b) An assignee who becomes a limited partner, to the extent of the rights and powers assigned, has the rights and powers and is subject to the restrictions and liabilities of a limited partner under a partnership agreement and this code. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § BO.153.253

What does The Texas Constitution § BO.153.253 cover?

Section BO.153.253 ("RIGHTS OF ASSIGNEE") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § BO.153.253?

A common citation format is "The Texas Constitution § BO.153.253" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § BO.153.253 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.