Tex. Business Organizations Code § 153.401

This is the official text of Tex. Business Organizations Code § 153.401, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.

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§ 153.401. DEFINITIONS.

Official statutory text

In this subchapter:

(1) "Derivative proceeding" means a civil suit in the right of a domestic limited partnership or, to the extent provided by Section 153.412, in the right of a foreign limited partnership.

(2) "Limited partner" means a person who is a limited partner or is an assignee of a partnership interest, including the partnership interest of a general partner.

Status: in_force · Read it on the official government site

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