Bill Text: TX HB1624 | 2013-2014 | 83rd Legislature | Enrolled


Bill Title: Relating to the assumed name of a series limited liability company.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2013-06-14 - Effective on 9/1/13 [HB1624 Detail]

Download: Texas-2013-HB1624-Enrolled.html
 
 
  H.B. No. 1624
 
 
 
 
AN ACT
  relating to the assumed name of a series limited liability company.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 71.002(2), Business & Commerce Code, is
  amended to read as follows:
               (2)  "Assumed name" means:
                     (A)  for an individual, a name that does not
  include the surname of the individual;
                     (B)  for a partnership, a name that does not
  include the surname or other legal name of each joint venturer or
  general partner;
                     (C)  for an individual or a partnership, a name,
  including a surname, that suggests the existence of additional
  owners by including words such as "Company," "& Company," "& Son,"
  "& Sons," "& Associates," "Brothers," and similar words, but not
  words that merely describe the business being conducted or the
  professional service being rendered;
                     (D)  for a limited partnership, a name other than
  the name stated in its certificate of formation;
                     (E)  for a company, a name used by the company;
                     (F)  for a corporation, a name other than the name
  stated in its certificate of formation or a comparable document;
                     (G)  for a limited liability partnership, a name
  other than the name stated in its application filed with the office
  of the secretary of state or a comparable document; and
                     (H)  for a limited liability company, a name other
  than the name stated in its certificate of formation or a comparable
  document, including the name of any series of the limited liability
  company established by its company agreement.
         SECTION 2.  This Act takes effect September 1, 2013.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 1624 was passed by the House on April
  25, 2013, by the following vote:  Yeas 135, Nays 1, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 1624 was passed by the Senate on May
  15, 2013, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor       
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