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Texas Business Organizations Code

§ 101.632 — PROHIBITION ON CONVERSION PERMITTED

BO § 101.632Title 3. LIMITED LIABILITY COMPANIES · Ch. 101. LIMITED LIABILITY COMPANIES · Art. M. SERIES LIMITED LIABILITY COMPANY

Statute text

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A company agreement may prohibit the conversion of a registered series or protected series of the company under Sections 101.627 through 101.631.

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523), Sec. 1, eff. June 1, 2022.

Source: Texas Business Organizations Code § 101.632 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.