Texas Business Organizations Code
Sec. § 101.614
Authority to Wind up and Terminate Series


Except to the extent otherwise provided in the company agreement and subject to Sections 101.617 (Procedures for Winding up and Termination of Series), 101.618 (Revocation of Voluntary Winding up), 101.619 (Cancellation of Event Requiring Winding up), and 101.620 (Continuation of Business), a series and its business and affairs may be wound up and terminated without causing the winding up of the limited liability company.
Added by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 45, eff. September 1, 2009.
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Last accessed
Oct. 14, 2020