101.617 – PROCEDURES FOR WINDING UP AND TERMINATION OF
Texas Business Organizations Code § 101.617
Summary
This law outlines the procedures for winding up and terminating a protected or registered series within a business organization. It specifies which subchapters of Chapter 11 apply to the members and managers involved in these series.
Applies to protected and registered series in business organizations.
References specific subchapters of Chapter 11 for procedures.
Details responsibilities of associated members and managers.
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In simple terms: Learn about Texas's PROCEDURES FOR WINDING UP AND TERMINATION 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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