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:

(1)

in writing; and

(2)

signed by the person making the promise.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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Last accessed
Dec. 11, 2019