{"data":{"id":"us-tx/tex.-business-organizations-code-101.401","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.401","heading":"EXPANSION, RESTRICTION, OR ELIMINATION OF DUTIES AND LIABILITIES.","body":"The company agreement of a limited liability company may expand, restrict, or eliminate any duties, including fiduciary duties, and related liabilities that a member, manager, officer, or other person has to the company or to a member or manager of the company.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2025, 89th Leg., R.S., Ch. 21 (S.B. 29), Sec. 18, eff. May 14, 2025.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 3. LIMITED LIABILITY COMPANIES","CHAPTER 101. LIMITED LIABILITY COMPANIES","SUBCHAPTER I. MODIFICATION OF DUTIES; INDEMNIFICATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.101.htm#101.401","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"e6016298710db18e8ec527f06fae68ba55874dcc202b6d0869f6aab97b86b7f6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.359","next":"us-tx/tex.-business-organizations-code-101.402"},"notice":"GroundRules: Original legal text. Not legal advice."}