Sec. 153.309.  EFFECT OF FORFEITURE OF RIGHT TO TRANSACT BUSINESS.  (a)  Unless the right of the limited partnership to transact business is revived in accordance with Section 153.310:
(1)  the limited partnership may not maintain an action, suit, or proceeding in a court of this state;  and
(2)  a successor or assignee of the limited partnership may not maintain an action, suit, or proceeding in a court of this state on a right, claim, or demand arising from the transaction of business by the limited partnership in this state.
(b)  The forfeiture of the right to transact business in this state does not:
(1)  impair the validity of a contract or act of the limited partnership;  or
(2)  prevent the limited partnership from defending an action, suit, or proceeding in a court of this state.
(c)  This section and Sections 153.307 and 153.308 do not affect the liability of a limited partner.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by: 
Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 54, eff. September 1, 2009.