Tex. Business Organizations Code § 153.004
This is the official text of Tex. Business Organizations Code § 153.004, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 153.004.
Official statutory text
Sec. 153.004. NONWAIVABLE TITLE 1 PROVISIONS. (a) Except as provided by this section, the following provisions of Title 1 may not be waived or modified in the partnership agreement of a limited partnership:
(1) Chapter 1, if the provision is used to interpret a provision or define a word or phrase contained in a section listed in this subsection;
(2) Chapter 2, other than Section 2.104(c)(2), 2.104(c)(3), or 2.113;
(3) Chapter 3, other than Subchapters C and E of that chapter and Section 3.151 (provided, that in all events a partnership agreement may not validly waive or modify Section 153.551 or unreasonably restrict a partner's or assignee's rights under Section 153.552); or
(4) Chapter 4, 5, 10, 11, or 12, other than Section 11.058.
(b) A provision listed in Subsection (a) may be waived or modified in the partnership agreement if the provision that is waived or modified authorizes the limited partnership to waive or modify the provision in the limited partnership's governing documents.
(c) A provision listed in Subsection (a) may be modified in the partnership agreement if the provision that is modified specifies:
(1) the person or group of persons who are entitled to approve a modification; or
(2) the vote or other method by which a modification is required to be approved.
(1) Chapter 1, if the provision is used to interpret a provision or define a word or phrase contained in a section listed in this subsection;
(2) Chapter 2, other than Section 2.104(c)(2), 2.104(c)(3), or 2.113;
(3) Chapter 3, other than Subchapters C and E of that chapter and Section 3.151 (provided, that in all events a partnership agreement may not validly waive or modify Section 153.551 or unreasonably restrict a partner's or assignee's rights under Section 153.552); or
(4) Chapter 4, 5, 10, 11, or 12, other than Section 11.058.
(b) A provision listed in Subsection (a) may be waived or modified in the partnership agreement if the provision that is waived or modified authorizes the limited partnership to waive or modify the provision in the limited partnership's governing documents.
(c) A provision listed in Subsection (a) may be modified in the partnership agreement if the provision that is modified specifies:
(1) the person or group of persons who are entitled to approve a modification; or
(2) the vote or other method by which a modification is required to be approved.
Status: in_force · Read it on the official government site
Dealing with a business matter in Texas?
See all Texas Business lawyers
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.