Texas § BO.101.1115 - EFFECT OF DEATH OR DIVORCE ON MEMBERSHIP INTEREST
Full text of Texas The Texas Constitution § BO.101.1115 — EFFECT OF DEATH OR DIVORCE ON MEMBERSHIP INTEREST, with citation guidance and answers to common questions.
§ BO.101.1115. EFFECT OF DEATH OR DIVORCE ON MEMBERSHIP INTEREST
EFFECT OF DEATH OR DIVORCE ON MEMBERSHIP INTEREST. (a) For purposes of this code: (1) on the divorce of a member, the member's spouse, to the extent of the spouse's membership interest, if any, is an assignee of the membership interest; (2) on the death of a member, the member's surviving spouse, if any, and an heir, devisee, personal representative, or other successor of the member, to the extent of their respective membership interest, are assignees of the membership interest; and (3) on the death of a member's spouse, an heir, devisee, personal representative, or other successor of the spouse, other than the member, to the extent of their respective membership interest, if any, is an assignee of the membership interest. (b) This chapter does not impair an agreement for the purchase or sale of a membership interest at any time, including on the death or divorce of an owner of the membership interest. Added by Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748 ), Sec. 36, eff. September 1, 2011.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.101.1115
What does The Texas Constitution § BO.101.1115 cover?
Section BO.101.1115 ("EFFECT OF DEATH OR DIVORCE ON MEMBERSHIP INTEREST") 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.101.1115?
A common citation format is "The Texas Constitution § BO.101.1115" (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.101.1115 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.