Texas Business Organizations Code 153.104 – Enumeration of Actions Not Exclusive
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Terms Used In Texas Business Organizations Code 153.104
- Business: means a trade, occupation, profession, or other commercial activity. See Texas Business Organizations Code 1.002
- Limited partner: means a person who has become, and has not ceased to be, a limited partner in a limited partnership in accordance with the governing documents of the limited partnership or this code. See Texas Business Organizations Code 1.002
- Partner: means a limited partner or general partner. See Texas Business Organizations Code 1.002
The enumeration in § 153.103 does not mean that a limited partner who has acted or acts in another capacity or possesses or exercises another power constitutes participation by that limited partner in the control of the business of the limited partnership.