Skip to main content
Find a Lawyer

Texas Business Organizations Code - BUS ORG § 101.627. Conversion of a Registered Series to a Protected Series

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

(a) Upon compliance with Section 101.628, a registered series of a domestic limited liability company may convert to a protected series of the domestic limited liability company by filing a certificate of conversion that complies with Section 101.631 with the secretary of state in accordance with and taking effect as a filing instrument as specified by Chapter 4.

(b) Upon compliance with Section 101.628, a protected series of a domestic limited liability company may convert to a registered series of the domestic limited liability company by filing simultaneously with the secretary of state in accordance with, and taking effect as a filing instrument as specified by, Chapter 4:

(1) a certificate of conversion that complies with Section 101.631;  and

(2) a certificate of registered series as provided by Section 101.623.

(c) An existing registered series may not become a protected series except as provided by Subsection (a) and Sections 101.628 through 101.632.

(d) For purposes of this section and Sections 101.628 through 101.632:

(1) “Conversion” means the continuation of:

(A) a registered series as a protected series;  or

(B) a protected series as a registered series.

(2) “Converted series” means a registered series or protected series resulting from a conversion of, respectively, a protected series or registered series, of a domestic limited liability company.

(3) “Converting series” means a registered series or protected series before a conversion of that series.

(4) “Plan of conversion” means a document that conforms with the requirements of Section 101.628.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 101.627. Conversion of a Registered Series to a Protected Series - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-101-627/

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 before relying on it for your legal needs.

Was this helpful?

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.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard