153.352 – APPLICABILITY OF OTHER REQUIREMENTS. For
Texas Business Organizations Code § 153.352
Summary
This law clarifies that for limited partnerships, certain requirements apply when becoming a limited liability partnership. Specifically, it mandates that applications must be signed by a general partner and defines 'partner' as referring only to general partners in this context.
Applications must be signed by at least one general partner.
References to 'partner' pertain only to general partners.
Applies specifically to limited partnerships transitioning to limited liability partnerships.
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In simple terms: Learn about Texas's APPLICABILITY OF OTHER REQUIREMENTS. For law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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