Ezel / Tax Rulings / TX
TX 9704434L Franchise Tax (PRIOR TO 01/01/2008) 1997-04-29

What guidance did this Texas Comptroller letter give about dissolving a limited partnership?

Short answer: The letter did not decide a franchise-tax issue or explain a dissolution procedure. It directed the requester to Title 105 of Vernon's Texas Civil Statutes and specifically to Section 2.03 of former Article 6132a-1, the Texas Revised Limited Partnership Act, for dissolution information.

Apply this to your situation

This page answers the general question as of 1997. Ezel answers yours, under current Texas tax law, with citations.

Currency note: this ruling is from 1997
Subsequent statutory amendments, regulation changes, court decisions, or later rulings may have changed the analysis. Treat this page as historical context, not current tax advice. Verify current law before relying on any specific rule, rate, or position mentioned here.
Disclaimer: This is an official Texas Comptroller of Public Accounts letter published on the State Tax Automated Research (STAR) system. It is not a substantive tax determination: the letter only identified the partnership statute that then addressed dissolution. Article 6132a-1 and the cited website are historical and may have been recodified or replaced. The response was directed to one requester and should not be treated as current dissolution instructions. Taxpayer-identifying details are redacted. This summary is informational only and is not legal or tax advice. Consult a licensed Texas business-law and tax professional about your specific situation.
About this page: The plain-English summary, reader guidance, and Q&A below were written by Ezel based on the official state tax ruling. The original ruling (linked on this page) is the authoritative source for any reliance.

Plain-English summary

The letter gave no tax holding; it only identified the statute that addressed limited-partnership dissolution.

The Comptroller directed the requester to Title 105 of Vernon's Texas Civil Statutes and the Texas Revised Limited Partnership Act, former Article 6132a-1.

It specifically identified Section 2.03 as the dissolution provision and gave directions to the Texas Legislative Council's then-current statutes website.

What this means for you

Limited partnerships researching old records

This STAR item is a statutory referral, not a determination of tax liability or a step-by-step dissolution answer.

Tax and business-law professionals

Verify the current codification and current filing procedures rather than relying on the former article number or 1997 website path.

Common questions

Q: Did the Comptroller decide a franchise-tax issue?
A: No.

Q: Which provision did the letter identify?
A: Section 2.03 of former Article 6132a-1.

Q: Did the letter describe how to dissolve the partnership?
A: No. It directed the requester to the statute.

Citations and references

  • Vernon's Texas Civil Statutes, Title 105
  • Texas Revised Limited Partnership Act, former Art. 6132a-1, Sec. 2.03

Source

Original ruling text

April 29, 1997

To:***

Dear ***:

Thank you for your e-mail in which you requested information concerning the
dissolution of a Limited Partnership.

Partnerships and Limited Partnerships are governed by Title 105 of Vernon's
Texas Civil Statutes. The Texas Revised Limited Partnership Act (Art. 6132a-1)
provides information regarding the dissolution of a Limited Partnership (Sec.
2.03).

The Texas Legislative Council maintains a web site, containing the current
Texas Statutes. You may access the Texas Civil Statutes at
www.capitol.state.tx.us/statutes/statutes.html. From this location, click on
Vernon's Texas Civil Statutes, then on Title 105 to finally locate the Texas
Revised Limited Partnership Act.

If you have questions about this, my internet address is
[email protected], or you may call toll-free at 1-800-531-5441,
extension 3-4612.

Sincerely,

Janet Spies
Tax Policy Division

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