Sec. 101.457. TOLLING OF STATUTE OF LIMITATIONS. A written demand filed with the limited liability company under Section 101.453 tolls the statute of limitations on the claim on which demand is made until the earlier of:
(1) the 91st day after the date of the demand; or
(2) the 31st day after the date the limited liability company advises the member that the demand has been rejected or the review has been completed.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Section: Previous 101.402 101.451 101.452 101.453 101.454 101.455 101.456 101.457 101.458 101.459 101.460 101.461 101.462 101.463 101.501 NextLast modified: September 28, 2016