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2019 Texas Statutes
Business Organizations Code
Title 3 - Limited Liability Companies
Chapter 101 - Limited Liability Companies
Subchapter A. General Provisions
Section 101.001. Definitions
Universal Citation: TX Bus Orgs § 101.001 (2019)
Sec. 101.001. DEFINITIONS. In this title:
(1) "Company agreement" means any agreement, written or oral, of the members concerning the affairs or the conduct of the business of a limited liability company. A company agreement of a limited liability company having only one member is not unenforceable because only one person is a party to the company agreement.
(2) "Foreign limited liability company" or "foreign company" means a limited liability company formed under the laws of a jurisdiction other than this state.
(3) "Limited liability company" or "company" means a domestic limited liability company subject to this title.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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