Texas Business Organizations Code
Sec. § 101.151
Requirements for Enforceable Promise

A promise to make a contribution or otherwise pay cash or transfer property to a limited liability company is enforceable only if the promise is:


in writing; and


signed by the person making the promise.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Last accessed
May. 7, 2021