Section 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. Tex. Bus. Org. Code § 5.052
Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 43,Sec. 14, eff. 6/1/2022. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.