Texas Statutes

§ 101.154 — CONSENT REQUIRED TO RELEASE ENFORCEABLE OBLIGATION.

Texas § 101.154
JurisdictionTexas
Code BOBusiness Organizations Code

This text of Texas § 101.154 (CONSENT REQUIRED TO RELEASE ENFORCEABLE OBLIGATION.) 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. § 101.154 (2026).

Text

Sec. 101.154. CONSENT REQUIRED TO RELEASE ENFORCEABLE OBLIGATION. The obligation of a member of a limited liability company, or of the member's legal representative or successor, to make a contribution or otherwise pay cash or transfer property to the company, or to return cash or property to the company paid or distributed to the member in violation of this code or the company agreement, may be released or settled only by consent of each member of the company.

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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 § 101.154, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/101.154.