Tex. Bus. Orgs. Code § 101.501 · Subchapter K. SUPPLEMENTAL RECORDKEEPING REQUIREMENTS
SUPPLEMENTAL RECORDS REQUIRED FOR LIMITED LIABILITY COMPANIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In addition to the books and records required to be kept under Section 3.151, a limited liability company shall keep at its principal office in the United States, or make available to a person at its principal office in the United States not later than the fifth day after the date the person submits a written request to examine the books and records of the company under Section 3.152(a) or 101.502:
(1) a current list that states:
(A) the percentage or other interest in the limited liability company owned by each member; and
(B) if one or more classes or groups of membership interests are established in or under the certificate of formation or company agreement, the names of the members of each specified class or group;
(2) a copy of the company's federal, state, and local tax information or income tax returns for each of the six preceding tax years;
(3) a copy of the company's certificate of formation, including any amendments to or restatements of the certificate of formation;
(4) if the company agreement is in writing, a copy of the company agreement, including any amendments to or restatements of the company agreement;
(5) an executed copy of any powers of attorney;
(6) a copy of any document that establishes a class or group of members of the company as provided by the company agreement; and
(7) except as provided by Subsection (b), a written statement of:
(A) the amount of a cash contribution and a description and statement of the agreed value of any other contribution made or agreed to be made by each member;
(B) the dates any additional contributions are to be made by a member;
(C) any event the occurrence of which requires a member to make additional contributions;
(D) any event the occurrence of which requires the winding up of the company; and
(E) the date each member became a member of the company.
(b) A limited liability company is not required to keep or make available at its principal office in the United States a written statement of the information required by Subsection (a)(7) if that information is stated in a written company agreement.
(c) A limited liability company shall keep at its registered office located in this state and make available to a member of the company on reasonable request the street address of the company's principal office in the United States in which the records required by this section and Section 3.151 are maintained or made available.
(d) All books and records required to be maintained by a limited liability company under this section may be maintained in any form and manner permitted under Section 3.151(b).
Notes and commentary — not statutory text
History
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. 101, eff. September 1, 2007.
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 9, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.101.htm
- Text hash
- sha256 9a50fa912028af82b7b4ac5c5d115ab0c646a3f0f6f9d9f161122ad70ea2765b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business Organizations Code
- Tex. Bus. Orgs. Code § 3.151BOOKS AND RECORDS FOR ALL FILING ENTITIES.Printed as Section 3.151 | Section 3.151(b)
- Tex. Bus. Orgs. Code § 3.152GOVERNING PERSON'S RIGHT OF INSPECTION.Printed as Section 3.152(a) or 101.502
- Tex. Bus. Orgs. Code § 101.502RIGHT TO EXAMINE RECORDS.Printed as Section 3.152(a) or 101.502
Cited by 5 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 101.501. Each shows the citation as that text prints it.
Business Organizations Code
- Tex. Bus. Orgs. Code § 101.054WAIVER OR MODIFICATION OF CERTAIN STATUTORY PROVISIONS PROHIBITED; EXCEPTIONS.Printed as Section 101.101, 101.151, 101.206, 101.501
- Tex. Bus. Orgs. Code § 101.153FAILURE TO PERFORM ENFORCEABLE PROMISE; CONSEQUENCES.Printed as Sections 3.151 and 101.501
- Tex. Bus. Orgs. Code § 101.201ALLOCATION OF PROFITS AND LOSSES.Printed as Section 101.501
- Tex. Bus. Orgs. Code § 101.203SHARING OF DISTRIBUTIONS.Printed as Sections 3.151 and 101.501
- Tex. Bus. Orgs. Code § 101.502RIGHT TO EXAMINE RECORDS.Printed as Section 101.501(a)(2) | Section 101.501(c)
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.