Legal Question in Business Law in Texas

A GP most likely isn't the best way to go, as there is personal liability issues abound. I would need to know more about the type of business you have and the owners before making a recommendation. In many cases, I shy away from the General Partnership models, and I tend to favor LLCs, where appropriate.

In order to better limit the liability of its general partners, a general partnership may opt to register as a limited liability partnership in accordance with section 152.802 or 153.351 of the Texas Business Organizations Code.