101.051 – CERTAIN PROVISIONS CONTAINED IN CERTIFICATE OF
Texas Business Organizations Code § 101.051
Summary
This law allows certain provisions typically found in a limited liability company's company agreement to be included in its certificate of formation. This affects limited liability companies in Texas by providing flexibility in how their governing documents are structured.
Permits inclusion of company agreement provisions in formation certificate.
Affects limited liability companies in Texas.
Ensures member agreements are reflected in official documents.
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In simple terms: Learn about Texas's CERTAIN PROVISIONS CONTAINED IN CERTIFICATE OF law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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