Texas Business Organizations Code
§ 101.303 — TERM
BO § 101.303Title 3. LIMITED LIABILITY COMPANIES · Ch. 101. LIMITED LIABILITY COMPANIES · Art. G. MANAGERS
Statute text
View on sourceA manager of a limited liability company serves:
(1)for the term, if any, for which the manager is elected and until the manager's successor is elected; or
(2)until the earlier resignation, removal, or death of the manager.
Legislative history
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.