Terms Used In Texas Business Organizations Code 153.308

  • Business: means a trade, occupation, profession, or other commercial activity. See Texas Business Organizations Code 1.002
  • Limited partnership: means a partnership that is governed as a limited partnership under Title 4 and that has one or more general partners and one or more limited partners. See Texas Business Organizations Code 1.002
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Partnership: means an entity governed as a partnership under Title 4. See Texas Business Organizations Code 1.002

Notice of the forfeiture under § 153.307 shall be mailed to the limited partnership at:
(1) the registered office of the limited partnership;
(2) the last known address of the limited partnership; or
(3) any other place of business of the limited partnership.