Texas § BO.101.611 - MEMBER STATUS WITH RESPECT TO DISTRIBUTION
Full text of Texas The Texas Constitution § BO.101.611 — MEMBER STATUS WITH RESPECT TO DISTRIBUTION, with citation guidance and answers to common questions.
§ BO.101.611. MEMBER STATUS WITH RESPECT TO DISTRIBUTION
MEMBER STATUS WITH RESPECT TO DISTRIBUTION. (a) Subject to Sections 101.613 , 101.617 , 101.618 , 101.619 , and 101.620 , when a member associated with a protected series or registered series established under this subchapter is entitled to receive a distribution with respect to the protected series or registered series, the member, with respect to the distribution, has the same status as a creditor of the protected series or registered series and is entitled to any remedy available to a creditor of the protected series or registered series. (b) Section 101.206 does not apply to a distribution with respect to the protected series or registered series. Added by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442 ), Sec. 45, eff. September 1, 2009. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748 ), Sec. 40, eff. September 1, 2011. Acts 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523 ), Sec. 1, eff. June 1, 2022.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.101.611
What does The Texas Constitution § BO.101.611 cover?
Section BO.101.611 ("MEMBER STATUS WITH RESPECT TO DISTRIBUTION") 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.101.611?
A common citation format is "The Texas Constitution § BO.101.611" (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.101.611 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.