SUBSCRIPTIONS.

Tex. BUS. ORGS Code § 101.1055.
in effect
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(a) A subscription to purchase a membership interest in a limited liability company in the process of being formed is irrevocable to the extent provided by the terms of the subscription if: (1) the subscription is in writing and signed by the subscriber; and (2) the subscription states that it is irrevocable. (b) A written subscription entered into after the limited liability company is formed is a contract between the subscriber and the company. Added by Acts 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411 ), Sec. 48, eff. September 1, 2025.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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