EFFECT OF EVENT REQUIRING WINDING UP.

Tex. BUS. ORGS Code § 152.701.
in effect
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On the occurrence of an event requiring winding up of a partnership business under Section 11.051 or 11.057 : (1) the partnership continues until the winding up of its business is completed, at which time the partnership is terminated; and (2) the relationship among the partners is changed as provided by this subchapter.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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