Statutes, codes, and regulations
Texas Codes
BUSINESS ORGANIZATIONS CODETitle 3 - LIMITED LIABILITY COMPANIESChapter 101 - LIMITED LIABILITY COMPANIES
Subchapter I - MODIFICATION OF DUTIES; INDEMNIFICATION
Section 101.401 - Expansion or Restriction of Duties and Liabilities

Tex. Bus. Org. Code § 101.401

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Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 101.401 - Expansion or Restriction of Duties and Liabilities

The company agreement of a limited liability company may expand or restrict any duties, including fiduciary duties, and related liabilities that a member, manager, officer, or other person has to the company or to a member or manager of the company.

Tex. Bus. Org. Code § 101.401

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