Texas Business Organizations Code - BUS ORG § 101.401. Expansion or Restriction of Duties and Liabilities

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

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.

Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 101.401. Expansion or Restriction of Duties and Liabilities - last updated April 14, 2021 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-101-401.html


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Copied to clipboard