Tex. Bus. Org. Code § 101.252

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 101.252 - Management By Governing Authority

The governing authority of a limited liability company shall direct the management of the business and affairs of the company and exercise or authorize the exercise of the powers of the company as provided by:

(1) the company agreement; and

(2) this title and the provisions of Title 1 applicable to a limited liability company to the extent that the company agreement does not provide for the management of the company.

Tex. Bus. Org. Code § 101.252

Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 27,Sec. 38, eff. 9/1/2023.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.