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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 101.302: NUMBER AND QUALIFICATIONS.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 3. LIMITED LIABILITY COMPANIES
  3. CHAPTER 101. LIMITED LIABILITY COMPANIES
  4. SUBCHAPTER G. MANAGERS

(a) The managers of a limited liability company may consist of one or more persons.

(b) Except as provided by Subsection (c), the number of managers of a limited liability company consists of the number of initial managers listed in the company's certificate of formation.

(c) The number of managers of a limited liability company may be increased or decreased by amendment to, or as provided by, the company agreement.

(d) A manager of a limited liability company is not required to be a:

(1) resident of this state; or

(2) member of the company.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Amended by:

Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 8, eff. September 1, 2019.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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