Partnerships and Professional Entities
The law governing partnerships is codified in Texas Business Organizations Code title 4. Texas allows four types of partnerships: general partnerships, limited partnerships, limited liability partnerships, and limited liability limited partnerships. The practice notes in chapter 18 in this manual contain basic information regarding the structures of these partnerships and the situations that can inform decisions to use them.
While this edition does not contain practice notes for professional entities, this manual does contain forms for professional corporations (PCs), professional limited liability companies (PLLCs), and professional associations (PAs) (forms 18-6 through 18-11 in this manual).