Sec. 101.208. RECORD DATE. A company agreement may establish or provide for the establishment of a record date with respect to allocations and distributions.
Added by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 42, eff. September 1, 2009.
Structure Texas Statutes
Title 3 - Limited Liability Companies
Chapter 101 - Limited Liability Companies
Subchapter E. Allocations and Distributions
Section 101.201. Allocation of Profits and Losses
Section 101.202. Distribution in Kind
Section 101.203. Sharing of Distributions
Section 101.204. Interim Distributions
Section 101.205. Distribution on Withdrawal
Section 101.206. Prohibited Distribution; Duty to Return
Section 101.207. Creditor Status With Respect to Distribution