101.113 – PARTIES TO ACTIONS. A member of a limited
Texas Business Organizations Code § 101.113
Summary
This law allows a member of a limited liability company to be included in legal actions only when the action is aimed at enforcing their rights or liabilities related to the company. It clarifies the circumstances under which members can be parties in lawsuits involving the LLC.
Members can be parties in actions involving their rights or liabilities.
Does not allow members to be parties in unrelated actions.
Clarifies legal standing for members in LLC-related disputes.
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In simple terms: Learn about Texas's PARTIES TO ACTIONS. A member of a limited 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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