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Texas Business Organizations Code - Section 153.107. Statement Required For Liability Protection

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 153.107. Statement Required For Liability Protection

§ 153.107. STATEMENT REQUIRED FOR LIABILITY 
PROTECTION.  (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.

Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.                     

Last modified: August 11, 2007