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Texas Business Organizations Code - BUS ORG § 153.107. Statement Required for Liability Protection

Current as of January 01, 2024 | Updated by FindLaw Staff

(a) A written statement filed under Section 153.106(2) must be entitled “Filing under Section 153.106(2), Business Organizations Code,” and contain:

(1) the name of the partnership;

(2) the name and mailing address of the person signing the written statement; and

(3) a statement that:

(A) the person signing the written statement acquired a limited partnership interest in the partnership;

(B) the person signing the written statement has made an effort to cause a general partner of the partnership to file an accurate certificate of formation required by the code and the general partner has failed or refused to file the certificate; and

(C) the statement is being filed under Section 153.106(2) and the person signing the written statement is claiming status as a limited partner of the partnership named in the document.

(b) The statement is effective for 180 days.

(c) A statement filed under Section 153.106(2) may be signed by more than one person claiming limited partnership status under this section and Sections 153.106, 153.108, and 153.109.

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Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 153.107. Statement Required for Liability Protection - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-153-107/

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