Sec. 154.001. NATURE OF PARTNER'S PARTNERSHIP INTEREST
- (a) A partner's partnership interest is personal property for all purposes.
- (b) A partner's partnership interest may be community property under applicable law.
- (c) A partner is not a co-owner of partnership property.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.