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Texas Business Organizations Code - BUS ORG § 101.604. Notice of Limitation on Liabilities of Protected Series or Registered Series

Current as of January 01, 2024 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 101.604. Notice of Limitation on Liabilities of Protected Series or Registered Series - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-101-604/

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