Sec. 153.106.  ERRONEOUS BELIEF OF CONTRIBUTOR BEING LIMITED PARTNER.  Except as provided by Section 153.109, a person who erroneously but in good faith believes that the person has made a contribution to and has become a limited partner in a limited partnership is not liable as a general partner or otherwise obligated because of making or attempting to make the contribution, receiving distributions from the partnership, or exercising the rights of a limited partner if, within a reasonable time after ascertaining the mistake, the person:
(1)  causes an appropriate certificate of formation or certificate of amendment to be signed and filed;
(2)  files or causes to be filed with the secretary of state a written statement in accordance with Section 153.107;  or
(3)  withdraws from participation in future profits of the enterprise by executing and filing with the secretary of state a certificate declaring the person's withdrawal under this section.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.