Number of visits: More than 10. Weâve been shooting at Back 40 since we started in Sporting Clays, about 2 years ago. They continue to improve the club constantly, and just went to automatic traps on the Green course about a month ago.
The limited partners can only receive liability protection by filing a Certificate of Formation of Limited Partnership with the State of Texas pursuant to Section 3.001 of the TBOC. It is recommended that all limited partnerships have a limited partnership agreement.
20 The fiduciary duties of a general partner in a limitedpartnership are provided for in RULPA section 9. 21 These provisions requirethat partners deal fairly with each other, with the partnership and, if appli-cable, with limited partners, or else the y are subject to liability for breach offiduciary duty.