Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 153.407: TOLLING OF STATUTE OF LIMITATIONS.

Where this section sits in the code

BUSINESS ORGANIZATIONS CODE
TITLE 4. PARTNERSHIPS
CHAPTER 153. LIMITED PARTNERSHIPS
SUBCHAPTER I. DERIVATIVE ACTIONS

A written demand filed with the limited partnership under Section 153.403 tolls the statute of limitations on the claim on which demand is made until the later of:

(1) the 31st day after the expiration of any waiting period under Section 153.403; or

(2) the 31st day after the expiration of any stay granted under Section 153.405, including all continuations of the stay.

Added by Acts 2019, 86th Leg., R.S., Ch. 899 (H.B. 3603), Sec. 30, eff. September 1, 2019.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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