Business Organizations Code revisor's report, part 4

partnership agreed that the creditor is not
required to comply with Subsection (d);
(3) a court orders otherwise,
based on a finding that partnership property
subject to execution within the state is
clearly insufficient to satisfy the judgment
or that compliance with Subsection (d) is
excessively burdensome; or
(4) liability is imposed on the
partner by law independently of the person's
status as a partner.
(f) Registered Limited Liability
Partnership. This section does not limit the
effect of Section 3.08(a) in the case of a
registered limited liability partnership.
Revisor's Note
No substantive change is intended.
Revised Law
Sec. 152.307. EXTENSION OF CREDIT IN RELIANCE ON FALSE
REPRESENTATION. (a) The rights of a person extending credit in
reliance on a representation described by Section 152.054 are
determined by applicable law other than this chapter and the
other partnership provisions, including the law of estoppel,
agency, negligence, fraud, and unjust enrichment.
(b) The rights and duties of a person held liable under
Subsection (a) are also determined by law other than the law
described by Subsection (a). (TRPA 3.06(c), (d).)
Source Law
(c) Creditor's Rights Governed by Other
Law. The rights of a person extending credit
in reliance on a representation described by
Subsections (a) or (b) are determined by law
other than this Act, including the law of
estoppel, agency, negligence, fraud, and
unjust enrichment.
(d) Legal Status of Person Making
Misrepresentation. The rights and duties of
a person held liable under Subsection (c) are
also determined by law other than this Act,
including the law of estoppel, agency,
negligence, fraud, and unjust enrichment.
Revisor's Note
No substantive change is intended.
[Sections 152.308-152.400 reserved for expansion]