Texas § 101.305 MANAGER VACANCY.

Texas Statutes

§ 101.305 — MANAGER VACANCY.

Texas § 101.305

Code BOBusiness Organizations Code

This text of Texas § 101.305 (MANAGER VACANCY.) 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. § 101.305 (2026).

Text

Sec. 101.305. MANAGER VACANCY.

(a)Subject to Section 101.306 (b), a vacancy in the position of a manager of a limited liability company may be filled by:

(1)the affirmative vote of the majority of the remaining managers of the company, without regard to whether the remaining managers constitute a quorum; or

(2)the members at a meeting of the company's members called for that purpose.

(b)A person elected to fill a vacancy in the position of a manager serves for the unexpired term, if any, of the person's predecessor.

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Sec. 101.305. MANAGER VACANCY. (a) Subject to Section 101.306 (b), a vacancy in the position of a manager of a limited liability company may be filled by:
(1) the affirmative vote of the majority of the remaining managers of the company, without regard to whether the remaining managers constitute a quorum; or
(2) the members at a meeting of the company's members called for that purpose.
(b) A person elected to fill a vacancy in the position of a manager serves for the unexpired term, if any, of the person's predecessor.

Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2017, 85th Leg., R.S., Ch. 74 (S.B. 1517 ), Sec. 10, eff. September 1, 2017.