Tex. Bus. Org. Code § 154.201

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 154.201 - Business Transactions Between Partner and Partnership

Except as otherwise provided by the partnership agreement, a partner may lend money to and transact other business with the partnership. Subject to other applicable law, a partner has the same rights and obligations with respect to those matters as a person who is not a partner.

Tex. Bus. Org. Code § 154.201

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