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Texas Business Organizations Code

§ 5.055 — NAME OF LIMITED PARTNERSHIP OR FOREIGN LIMITED PARTNERSHIP

BO § 5.055Title 1. GENERAL PROVISIONS · Ch. 5. NAMES OF ENTITIES; REGISTERED AGENTS AND REGISTERED OFFICES · Art. B. GENERAL PROVISIONS RELATING TO NAMES OF ENTITIES

Statute text

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(a)The name of a limited partnership or foreign limited partnership must contain:
(1)the word "limited";
(2)the phrase "limited partnership"; or
(3)an abbreviation of that word or phrase.
(b)The name of a domestic or foreign limited partnership that is a limited liability limited partnership must also contain the phrase "limited liability partnership" or an abbreviation of that phrase.
(c)The name of a domestic or foreign limited partnership that is a limited liability limited partnership complies with the requirements of Subsections (a) and (b) if the name of the limited partnership contains the phrase "limited liability limited partnership" or an abbreviation of that phrase. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 22, eff. September 1, 2007.

Source: Texas Business Organizations Code § 5.055 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.