{"data":{"id":"us-tx/tex.-business-organizations-code-101.614","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.614","heading":"AUTHORITY TO WIND UP AND TERMINATE PROTECTED SERIES OR REGISTERED SERIES.","body":"Except to the extent otherwise provided in the company agreement and subject to Sections 101.617, 101.618, 101.619, and 101.620, a protected series or registered series and its business and affairs may be wound up and terminated without causing the winding up of the limited liability company.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 45, eff. September 1, 2009.\nAmended by:\nActs 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523), Sec. 1, eff. June 1, 2022.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 3. LIMITED LIABILITY COMPANIES","CHAPTER 101. LIMITED LIABILITY COMPANIES","SUBCHAPTER M. SERIES LIMITED LIABILITY COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.101.htm#101.614","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"5926632aac2973fb2815a903315c6f3c820bc520da00b03315e3b4667e987814","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.613","next":"us-tx/tex.-business-organizations-code-101.615"},"notice":"GroundRules: Original legal text. Not legal advice."}