{"data":{"id":"us-tx/tex.-business-organizations-code-101.151","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.151","heading":"REQUIREMENTS FOR ENFORCEABLE PROMISE.","body":"A promise to make a contribution or otherwise pay cash or transfer property to a limited liability company is enforceable only if the promise is:\n(1) in writing; and\n(2) signed by the person making the promise.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 3. LIMITED LIABILITY COMPANIES","CHAPTER 101. LIMITED LIABILITY COMPANIES","SUBCHAPTER D. CONTRIBUTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.101.htm#101.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"f88f055eb9cb7603653c56b2ed4bc8f1606792dbdf97ee09195aeb10171fa223","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.114","next":"us-tx/tex.-business-organizations-code-101.152"},"notice":"GroundRules: Original legal text. Not legal advice."}
