Sec. 5.052. UNAUTHORIZED PURPOSE IN NAME PROHIBITED. (a) A filing entity or a foreign filing entity may not have a name that contains any word or phrase that indicates or implies that the entity is engaged in a business that the entity is not authorized by law to pursue.
(b) A registered series may not have a name that contains any word or phrase that indicates or implies that the registered series is engaged in a business that the registered series is not authorized by law to pursue.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523), Sec. 14, eff. June 1, 2022.
Structure Texas Statutes
Chapter 5 - Names of Entities; Registered Agents and Registered Offices
Subchapter B. General Provisions Relating to Names of Entities
Section 5.052. Unauthorized Purpose in Name Prohibited
Section 5.053. Distinguishable Names Required
Section 5.055. Name of Limited Partnership or Foreign Limited Partnership
Section 5.056. Name of Limited Liability Company or Foreign Limited Liability Company
Section 5.0561. Name of Registered Series of Limited Liability Company
Section 5.057. Name of Cooperative Association or Foreign Cooperative Association
Section 5.058. Name of Professional Association or Foreign Professional Association
Section 5.061. Name Containing "Lotto" or "Lottery" Prohibited
Section 5.062. Veterans Organizations; Unauthorized Use of Name
Section 5.063. Name of Limited Liability Partnership
Section 5.064. Name Falsely Implying Governmental Affiliation Prohibited