Texas Statutes

§ 101.151 — REQUIREMENTS FOR ENFORCEABLE PROMISE.

Texas § 101.151
JurisdictionTexas
Code BOBusiness Organizations Code

This text of Texas § 101.151 (REQUIREMENTS FOR ENFORCEABLE PROMISE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Business Organizations Code Code Ann. § 101.151 (2026).

Text

Sec. 101.151. REQUIREMENTS FOR ENFORCEABLE PROMISE. A promise to make a contribution or otherwise pay cash or transfer property to a limited liability company is enforceable only if the promise is:

(1)in writing; and
(2)signed by the person making the promise.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Texas § 101.151, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/101.151.