Texas Business Organizations Code

§ 153.351 — REQUIREMENTS

BO § 153.351Title 4. PARTNERSHIPS · Ch. 153. LIMITED PARTNERSHIPS · Art. H. LIMITED PARTNERSHIP AS LIMITED LIABILITY PARTNERSHIP

Statute text

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A limited partnership is a limited liability partnership and a limited partnership if the partnership:

(1)registers as a limited liability partnership:

(A)as permitted by its partnership agreement; or

(B)if its partnership agreement does not include a provision for becoming a limited liability partnership, with the consent of partners required to amend its partnership agreement;

(2)complies with Subchapter J, Chapter 152; and

(3)complies with Chapter 5.

Legislative history

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