Texas Reservation of Limited Partnership Name

• Category: Partnerships - Limited
• State: Multi-State
• Control #: US-P1205-1AM
• Format: Word; Rich Text

Description

This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money. The Texas Reservation of Limited Partnership Name is a legal process that allows individuals or entities to reserve a specific name for a future limited partnership formation in the state of Texas. This reservation secures the desired name so that it cannot be used or registered by another party during the reservation period. To initiate the Texas Reservation of Limited Partnership Name, individuals or entities must submit a reservation application to the Texas Secretary of State's office. This application requires specific information, including the desired name, the duration of the reservation (up to a maximum of 120 days), and the name and contact details of the applicant. The reservation application must also be accompanied by the required fee, which may vary depending on the duration of the reservation. Once submitted, the Secretary of State's office will review the application and, if approved, issue a certificate evidencing the reservation of the limited partnership name. It is crucial to note that the Texas Reservation of Limited Partnership Name does not establish a formal or legal entity. It solely reserves the requested name for future use in forming a limited partnership. Furthermore, it is essential for the reservation holder to subsequently file the necessary documentation to create the limited partnership within the specified reservation period. There are no specific types or variations of the Texas Reservation of Limited Partnership Name. The process remains standard for all limited partnership name reservations in the state of Texas. However, it is important to adhere to the guidelines and requirements set forth by the Secretary of State's office to ensure a successful reservation. In conclusion, the Texas Reservation of Limited Partnership Name enables individuals or entities to secure a specific name for a potential limited partnership formation. By reserving the desired name through the proper application process, the reservation holder ensures that no one else can use or register the name during the reservation period. It is a crucial step in establishing a limited partnership in Texas and should be followed by the necessary steps to form the partnership within the reservation period.

The Texas Reservation of Limited Partnership Name is a legal process that allows individuals or entities to reserve a specific name for a future limited partnership formation in the state of Texas. This reservation secures the desired name so that it cannot be used or registered by another party during the reservation period. To initiate the Texas Reservation of Limited Partnership Name, individuals or entities must submit a reservation application to the Texas Secretary of State's office. This application requires specific information, including the desired name, the duration of the reservation (up to a maximum of 120 days), and the name and contact details of the applicant. The reservation application must also be accompanied by the required fee, which may vary depending on the duration of the reservation. Once submitted, the Secretary of State's office will review the application and, if approved, issue a certificate evidencing the reservation of the limited partnership name. It is crucial to note that the Texas Reservation of Limited Partnership Name does not establish a formal or legal entity. It solely reserves the requested name for future use in forming a limited partnership. Furthermore, it is essential for the reservation holder to subsequently file the necessary documentation to create the limited partnership within the specified reservation period. There are no specific types or variations of the Texas Reservation of Limited Partnership Name. The process remains standard for all limited partnership name reservations in the state of Texas. However, it is important to adhere to the guidelines and requirements set forth by the Secretary of State's office to ensure a successful reservation. In conclusion, the Texas Reservation of Limited Partnership Name enables individuals or entities to secure a specific name for a potential limited partnership formation. By reserving the desired name through the proper application process, the reservation holder ensures that no one else can use or register the name during the reservation period. It is a crucial step in establishing a limited partnership in Texas and should be followed by the necessary steps to form the partnership within the reservation period.