Sec. 152.304.  NATURE OF PARTNER'S LIABILITY.  (a)  Except as provided by Subsection (b) or Section 152.801(a), all partners are jointly and severally liable for all obligations of the partnership unless otherwise:
(1)  agreed by the claimant; or
(2)  provided by law.
(b)  A person who is admitted as a partner into an existing partnership does not have personal liability under Subsection (a) for an obligation of the partnership that:
(1)  arises before the partner's admission to the partnership;
(2)  relates to an action taken or omission occurring before the partner's admission to the partnership;  or
(3)  arises before or after the partner's admission to the partnership under a contract or commitment entered into before the partner's admission.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by: 
Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 106, eff. September 1, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 42, eff. September 1, 2011.