153.407 – TOLLING OF STATUTE OF LIMITATIONS. A written
Texas Business Organizations Code § 153.407
Summary
This law allows a written demand filed with a limited partnership to pause the statute of limitations on a related claim. It affects claimants who seek to enforce their rights against limited partnerships, providing them additional time to pursue their claims under specific conditions.
Tolls statute of limitations for claims against limited partnerships.
Effective until 31 days after waiting period or stay expires.
Requires a written demand to initiate the tolling process.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's TOLLING OF STATUTE OF LIMITATIONS. A written law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.