Texas § BO.101.629 - CONVERSION NOT WINDING UP EVENT

Full text of Texas The Texas Constitution § BO.101.629 — CONVERSION NOT WINDING UP EVENT, with citation guidance and answers to common questions.

§ BO.101.629. CONVERSION NOT WINDING UP EVENT

CONVERSION NOT WINDING UP EVENT. Unless otherwise agreed, the conversion of a converting series under Sections 101.627 through 101.631 does not: (1) require the limited liability company or the converting series to wind up the series' affairs under Section 11.051 , 11.056 , 101.552 or 101.616 or to pay the series' liabilities and distribute its assets under Sections 11.053 and 101.617 ; or (2) constitute an event requiring winding up of the company or the converting series. Added by Acts 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523 ), Sec. 1, eff. June 1, 2022.

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Frequently Asked Questions About Texas § BO.101.629

What does The Texas Constitution § BO.101.629 cover?

Section BO.101.629 ("CONVERSION NOT WINDING UP EVENT") 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.101.629?

A common citation format is "The Texas Constitution § BO.101.629" (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.101.629 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.