Texas Business Organizations Code - BUS ORG § 101.105. Issuance of Membership Interests After Formation of Company

(1) issue membership interests in the company to any person with the approval of all of the members of the company;  and

(2) if the issuance of a membership interest requires the establishment of a new class or group of members or membership interests, establish a new class or group as provided by Sections 101.104(a)(2), (b), and (c).