Tex. Bus. Org. Code § 101.154

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 101.154 - Consent Required to Release Enforceable Obligation

The obligation of a member of a limited liability company, or of the member's legal representative or successor, to make a contribution or otherwise pay cash or transfer property to the company, or to return cash or property to the company paid or distributed to the member in violation of this code or the company agreement, may be released or settled only by consent of each member of the company.

Tex. Bus. Org. Code § 101.154

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