Texas § BO.154.101 - CLASS OR GROUP OF PARTNERS
Full text of Texas The Texas Constitution § BO.154.101 — CLASS OR GROUP OF PARTNERS, with citation guidance and answers to common questions.
§ BO.154.101. CLASS OR GROUP OF PARTNERS
CLASS OR GROUP OF PARTNERS. (a) A partnership agreement may establish or provide for the future creation of additional classes or groups of one or more partners that have certain express relative rights, powers, and duties, including voting rights. The future creation of additional classes or groups may be expressed in the partnership agreement or at the time of creation of the class or group. (b) The rights, powers, or duties of a class or group of partners may be senior to those partners of an existing class or group. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2017, 85th Leg., R.S., Ch. 74 (S.B. 1517 ), Sec. 16, eff. September 1, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.154.101
What does The Texas Constitution § BO.154.101 cover?
Section BO.154.101 ("CLASS OR GROUP OF PARTNERS") 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.154.101?
A common citation format is "The Texas Constitution § BO.154.101" (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.154.101 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.