Sec. 101.615. TERMINATION OF SERIES. (a) Except as otherwise provided by Sections 101.617, 101.618, 101.619, and 101.620, the series terminates on the completion of the winding up of the business and affairs of the series in accordance with Sections 101.617, 101.618, 101.619, and 101.620.
(b) The limited liability company shall provide notice of the termination of a series in the manner provided in the company agreement for notice of termination, if any.
(c) The termination of the series does not affect the limitation on liabilities of the series provided by Section 101.602.
Added by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 45, eff. September 1, 2009.
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