Section 101.303. Term

TX Bus Orgs § 101.303 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 101.303. TERM. A manager of a limited liability company serves:

(1) for the term, if any, for which the manager is elected and until the manager's successor is elected; or

(2) until the earlier resignation, removal, or death of the manager.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.