Section 1706.061 | Authority of state law over limited liability companies.
The law of this state governs all of the following:
(A) The organization and internal affairs of a limited liability company;
(B) The liability of a member as a member for the debts, obligations, or other liabilities of a limited liability company;
(C) The authority of the members and agents of a limited liability company;
(D) The availability of the assets of a limited liability company or series thereof for the obligations of the limited liability company or another series thereof.
Available Versions of this Section
- April 12, 2021 – Enacted by Senate Bill 276, 133rd General Assembly [ View April 12, 2021 Version ]