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Texas Business Organizations Code

§ 3.051 — RIGHT TO AMEND CERTIFICATE OF FORMATION

BO § 3.051Title 1. GENERAL PROVISIONS · Ch. 3. FORMATION AND GOVERNANCE · Art. B. AMENDMENTS AND RESTATEMENTS OF CERTIFICATE OF FORMATION

Statute text

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(a)A filing entity may amend its certificate of formation.
(b)An amended certificate of formation may contain only provisions that:
(1)would be permitted at the time of the amendment if the amended certificate of formation were a newly filed original certificate of formation; or
(2)effect a change, exchange, reclassification, subdivision, combination, or cancellation in the membership or ownership interests or the rights of owners or members of the filing entity. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by:

Legislative history

Acts 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 6, eff. January 1, 2006.

Source: Texas Business Organizations Code § 3.051 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.