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Tex. Bus. Orgs. Code § 101.152

ENFORCEABLE PROMISE NOT AFFECTED BY CHANGE IN CIRCUMSTANCES

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff

A member of a limited liability company is obligated to perform an enforceable promise to make a contribution or otherwise pay cash or transfer property to the company without regard to the death, disability, or other change in circumstances of the member.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.