Texas § BO.101.552 - APPROVAL OF VOLUNTARY WINDING UP, REVOCATION, CANCELLATION, OR REINSTATEMENT
Full text of Texas The Texas Constitution § BO.101.552 — APPROVAL OF VOLUNTARY WINDING UP, REVOCATION, CANCELLATION, OR REINSTATEMENT, with citation guidance and answers to common questions.
§ BO.101.552. APPROVAL OF VOLUNTARY WINDING UP, REVOCATION, CANCELLATION, OR REINSTATEMENT
APPROVAL OF VOLUNTARY WINDING UP, REVOCATION, CANCELLATION, OR REINSTATEMENT. (a) A majority vote of all of the members of a limited liability company or, if the limited liability company has no members, a majority vote of all of the managers of the company is required to approve: (1) a voluntary winding up of the company under Chapter 11 ; (2) a revocation of a voluntary decision to wind up the company under Section 11.151 ; or (3) a reinstatement of a terminated company under Section 11.202 . (b) The consent of all of the members of the limited liability company is required to approve a cancellation under Section 11.152 of an event requiring winding up specified in Section 11.051 (1) or (3). (c) An event requiring winding up specified in Section 11.056 may be canceled in accordance with Section 11.152 (a) if the legal representative or successor of the last remaining member of the domestic limited liability company agrees to: (1) cancel the event requiring winding up and continue the company; and (2) become a member of the company effective as of the date of termination of the membership of the last remaining member of the company, or designate another person who agrees to become a member of the company effective as of the date of the termination. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737 ), Sec. 102, eff. September 1, 2007. SUBCHAPTER M. SERIES LIMITED LIABILITY COMPANY
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.101.552
What does The Texas Constitution § BO.101.552 cover?
Section BO.101.552 ("APPROVAL OF VOLUNTARY WINDING UP, REVOCATION, CANCELLATION, OR REINSTATEMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § BO.101.552?
A common citation format is "The Texas Constitution § BO.101.552" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BO.101.552 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.