Texas § 101.302 NUMBER AND QUALIFICATIONS.

Texas Statutes

§ 101.302 — NUMBER AND QUALIFICATIONS.

Texas § 101.302

Code BOBusiness Organizations Code

This text of Texas § 101.302 (NUMBER AND QUALIFICATIONS.) 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. § 101.302 (2026).

Text

Sec. 101.302. NUMBER AND QUALIFICATIONS.

(a)The managers of a limited liability company may consist of one or more persons.

(b)Except as provided by Subsection (c), the number of managers of a limited liability company consists of the number of initial managers listed in the company's certificate of formation.

(c)The number of managers of a limited liability company may be increased or decreased by amendment to, or as provided by, the company agreement.

(d)A manager of a limited liability company is not required to be a:

(1)resident of this state; or

(2)member of the company.

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Sec. 101.302. NUMBER AND QUALIFICATIONS. (a) The managers of a limited liability company may consist of one or more persons.
(b) Except as provided by Subsection (c), the number of managers of a limited liability company consists of the number of initial managers listed in the company's certificate of formation.
(c) The number of managers of a limited liability company may be increased or decreased by amendment to, or as provided by, the company agreement.
(d) A manager of a limited liability company is not required to be a:
(1) resident of this state; or
(2) member of the company.

Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859 ), Sec. 8, eff. September 1, 2019.