Tex. Bus. Orgs. Code § 153.551 · Subchapter L. MISCELLANEOUS PROVISIONS
RECORDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A domestic limited partnership shall maintain the following records in its principal office in the United States or make the records available in that office not later than the fifth day after the date on which a written request under Section 153.552(a) is received:
(1) a current list that states:
(A) the name and mailing address of each partner, separately identifying in alphabetical order the general partners and the limited partners;
(B) the last known street address of the business or residence of each general partner;
(C) the percentage or other interest in the partnership owned by each partner; and
(D) if one or more classes or groups are established under the partnership agreement, the names of the partners who are members of each specified class or group;
(2) a copy of:
(A) the limited partnership's federal, state, and local information or income tax returns for each of the partnership's six most recent tax years;
(B) the partnership agreement and certificate of formation; and
(C) all amendments or restatements;
(3) copies of any document that creates, in the manner provided by the partnership agreement, classes or groups of partners;
(4) an executed copy of any powers of attorney under which the partnership agreement, certificate of formation, and all amendments or restatements to the agreement and certificate have been executed;
(5) unless contained in the written partnership agreement, a written statement of:
(A) the amount of the cash contribution and a description and statement of the agreed value of any other contribution made by each partner;
(B) the amount of the cash contribution and a description and statement of the agreed value of any other contribution that the partner has agreed to make in the future as an additional contribution;
(C) the events requiring additional contributions to be made or the date on which additional contributions are to be made;
(D) the events requiring the winding up of the limited partnership; and
(E) the date on which each partner in the limited partnership became a partner; and
(6) books and records of the accounts of the limited partnership.
(b) All books and records required to be maintained by a limited partnership under this section may be maintained in any form and manner permitted under Section 3.151(b).
(c) A limited partnership shall keep in its registered office in this state and make available to a partner on reasonable request the street address of its principal office in the United States in which the records required by this section are maintained or made available.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 129, eff. September 1, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 56, eff. September 1, 2011.
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 14, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.153.htm
- Text hash
- sha256 f2d6dc73b66c51360310d6b757de40d0f2e3eb1d7c256ee2d3a6e6c8afb20897
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 8 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 153.551. Each shows the citation as that text prints it.
Business Organizations Code
- Tex. Bus. Orgs. Code § 3.011SUPPLEMENTAL PROVISIONS REGARDING CERTIFICATE OF FORMATION OF LIMITED PARTNERSHIP.Printed as Section 153.551
- Tex. Bus. Orgs. Code § 153.004NONWAIVABLE TITLE 1 PROVISIONS.Printed as Section 153.551
- Tex. Bus. Orgs. Code § 153.202ENFORCEABILITY OF PROMISE TO MAKE CONTRIBUTION.Printed as Sections 153.551 and 153.552
- Tex. Bus. Orgs. Code § 153.206ALLOCATION OF PROFITS AND LOSSES.Printed as Section 153.551(a)
- Tex. Bus. Orgs. Code § 153.208SHARING OF DISTRIBUTIONS.Printed as Section 153.551(a)
- Tex. Bus. Orgs. Code § 153.302FORM AND CONTENTS OF REPORT.Printed as Sections 153.551 and 153.552
- Tex. Bus. Orgs. Code § 153.552EXAMINATION OF RECORDS.Printed as Section 153.551 | Section 153.551(a)(2)
- Tex. Bus. Orgs. Code § 153.553EXECUTION OF FILINGS.Printed as Sections 153.551 and 153.552
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.