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Texas Business Organizations Code - Section 101.252. Management By Governing Authority

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 101.252. Management By Governing Authority

§ 101.252. MANAGEMENT BY GOVERNING AUTHORITY.  The 
governing authority of a limited liability company shall manage the 
business and affairs of the company as provided by:
		(1)  the company agreement;  and                                              
		(2)  this title and the provisions of Title 1 
applicable to a limited liability company to the extent that the 
company agreement does not provide for the management of the 
company.

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

Last modified: August 11, 2007