101.356 – VOTES REQUIRED TO APPROVE CERTAIN ACTIONS. (a)
Texas Business Organizations Code § 101.356
Summary
This law outlines the voting requirements for actions taken by a limited liability company (LLC) in Texas. It specifies that certain actions must be approved by the company's governing authority, ensuring proper governance and decision-making within the LLC.
Actions require approval from the governing authority of the LLC.
Exceptions to voting requirements are specified in other subsections.
Applies to actions not in the ordinary course of business.
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In simple terms: Learn about Texas's VOTES REQUIRED TO APPROVE CERTAIN ACTIONS. (a) 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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