Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 101.306 - Removal and Replacement of Manager Elected By Class or Group(a) If a class or group of the members of a limited liability company is entitled by the company agreement of the company to elect one or more managers of the company, a manager may be removed from office only by the class or group that elected the manager.(b) A vacancy in the position of a manager elected as provided by Subsection (a) may be filled only by:(1) a majority vote of the managers serving on the date the vacancy occurs who were elected by the class or group of members; or(2) a majority vote of the members of the class or group.Tex. Bus. Org. Code § 101.306
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.