{"data":{"id":"us-tx/tex.-business-organizations-code-101.629","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 101.629","heading":"CONVERSION NOT WINDING UP EVENT.","body":"Unless otherwise agreed, the conversion of a converting series under Sections 101.627 through 101.631 does not:\n(1) require the limited liability company or the converting series to wind up the series' affairs under Section 11.051, 11.056, 101.552 or 101.616 or to pay the series' liabilities and distribute its assets under Sections 11.053 and 101.617; or\n(2) constitute an event requiring winding up of the company or the converting series.\nAdded by Acts 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#101.629","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"25b7d6636306858e12b4a9d8c3be77acc0b6f54d99bbf85386ca25f286ea9a4c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-101.628","next":"us-tx/tex.-business-organizations-code-101.630"},"notice":"GroundRules: Original legal text. Not legal advice."}