Public-domain · open source
OpenJurist

Tex. Bus. Orgs. Code § 101.604

NOTICE OF LIMITATION ON LIABILITIES OF PROTECTED SERIES OR REGISTERED SERIES

Added by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 45, eff

(a) Notice of the limitation on liabilities of a protected series or registered series required by Section 101.602 that is contained in a certificate of formation filed with the secretary of state satisfies the requirements of Section 101.602(b)(3), regardless of whether:

(1) the limited liability company has established any protected series or registered series under this subchapter when the notice is contained in the certificate of formation;

(2) the notice makes a reference to a specific protected series or registered series of the limited liability company; and

(3) the notice:

(A) uses the term "protected" or "registered" when referencing the series; or

(B) includes a reference to Section 101.602.

(b) The fact that the certificate of formation filed with the secretary of state contains the notice of the limitation on liabilities of a protected series or registered series required by Section 101.602 is notice of that limitation on liabilities of a protected series or registered series.

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