Texas Business Organizations Code - Section 101.401. Expansion Or Restriction Of Duties And Liabilities
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Texas Laws > Business Organizations Code > Texas Business Organizations Code - Section 101.401. Expansion Or Restriction Of Duties And Liabilities
§ 101.401. EXPANSION OR RESTRICTION OF DUTIES AND
LIABILITIES. The company agreement of a limited liability company
may expand or restrict any duties, including fiduciary duties, and
related liabilities that a member, manager, officer, or other
person has to the company or to a member or manager of the company.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 101.353 101.354 101.355 101.356 101.357 101.358 101.359 101.401 101.402 101.451 101.452 101.453 101.454 101.455 101.456
Last modified: August 11, 2007
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