EXPANSION, RESTRICTION, OR ELIMINATION OF DUTIES AND LIABILITIES.

Tex. BUS. ORGS Code § 101.401.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The company agreement of a limited liability company may expand, restrict, or eliminate any duties, including fiduciary duties, and related liabilities that a member, manager, officer, or other person has to the company or to a member or manager of the company.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026
Tex. BUS. ORGS Code § 101.401. — EXPANSION, RESTRICTION, OR ELIMINATION OF DUTIES AND LIABILITIES | Texas Statutes | Corpus