{"data":{"id":"us-tx/tex.-business-organizations-code-101.615","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.615","heading":"TERMINATION OF PROTECTED SERIES OR REGISTERED SERIES.","body":"(a) Except as otherwise provided by Sections 101.617, 101.618, 101.619, and 101.620, the protected series terminates on the completion of the winding up of the business and affairs of the protected series in accordance with Sections 101.617, 101.618, 101.619, and 101.620.\n(b) Except as otherwise provided by Sections 101.617, 101.618, 101.619, and 101.620, the registered series terminates on:\n(1) the completion of the winding up of the business and affairs of the registered series in accordance with Sections 101.617, 101.618, 101.619, and 101.620; and\n(2) the effectiveness of the filing with the secretary of state of a certificate of termination for the registered series.\n(c) The limited liability company shall provide notice of the termination of a protected series or registered series in the manner provided in the company agreement for notice of termination, if any.\n(d) The termination of the protected series or registered series does not affect the limitation on liabilities of the protected series or registered series provided by Section 101.602.\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#101.615","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"3abde99454e976d14960b3e1e085d427826619afc03957c36d8cd7ca1d7c228a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.614","next":"us-tx/tex.-business-organizations-code-101.616"},"notice":"GroundRules: Original legal text. Not legal advice."}
