Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 3. LIMITED LIABILITY COMPANIES |
Chapter 101. LIMITED LIABILITY COMPANIES |
Subchapter M. SERIES LIMITED LIABILITY COMPANY |
Sec. 101.609. APPLICABILITY OF OTHER PROVISIONS OF CHAPTER; SYNONYMOUS TERMS
Latest version.
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(a) To the extent not inconsistent with this subchapter, this chapter applies to a series and its associated members and managers.
(b) For purposes of the application of any other provision of this chapter to a provision of this subchapter, and as the context requires:
(1) a reference to "limited liability company" or "company" means the "series";
(2) a reference to "member" means "member associated with the series"; and
(3) a reference to "manager" means "manager associated with the series."
Added by Acts 2009, 81st Leg., R.S., Ch. 84 , Sec. 45, eff. September 1, 2009.