Tex. Bus. Orgs. Code § 101.627 · Subchapter M. SERIES LIMITED LIABILITY COMPANY
CONVERSION OF A REGISTERED SERIES TO A PROTECTED SERIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Upon compliance with Section 101.628, a registered series of a domestic limited liability company may convert to a protected series of the domestic limited liability company by filing a certificate of conversion that complies with Section 101.631 with the secretary of state in accordance with and taking effect as a filing instrument as specified by Chapter 4.
(b) Upon compliance with Section 101.628, a protected series of a domestic limited liability company may convert to a registered series of the domestic limited liability company by filing simultaneously with the secretary of state in accordance with, and taking effect as a filing instrument as specified by, Chapter 4:
(1) a certificate of conversion that complies with Section 101.631; and
(2) a certificate of registered series as provided by Section 101.623.
(c) An existing registered series may not become a protected series except as provided by Subsection (a) and Sections 101.628 through 101.632.
(d) For purposes of this section and Sections 101.628 through 101.632:
(1) "Conversion" means the continuation of:
(A) a registered series as a protected series; or
(B) a protected series as a registered series.
(2) "Converted series" means a registered series or protected series resulting from a conversion of, respectively, a protected series or registered series, of a domestic limited liability company.
(3) "Converting series" means a registered series or protected series before a conversion of that series.
(4) "Plan of conversion" means a document that conforms with the requirements of Section 101.628.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523), Sec. 1, eff. June 1, 2022.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 27 (S.B. 1514), Sec. 46, eff. September 1, 2023.
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 ef70d480620f24e9ae3c37e20833a809c4970d0ee63e3852aa293af38a1c248b
- 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 ch. 4FILINGSPrinted as Chapter 4
- Tex. Bus. Orgs. Code § 101.623FILING OF CERTIFICATE OF REGISTERED SERIES.Printed as Section 101.623
- Tex. Bus. Orgs. Code § 101.628AUTHORIZATION OF CONVERSION.Printed as Section 101.628 | Sections 101.628 through 101.632
- Tex. Bus. Orgs. Code § 101.631FILING OF CERTIFICATE OF CONVERSION.Printed as Section 101.631
- Tex. Bus. Orgs. Code § 101.632PROHIBITION ON CONVERSION PERMITTED.Printed as Sections 101.628 through 101.632
Cited by 5 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 101.627. Each shows the citation as that text prints it.
Business Organizations Code
- Tex. Bus. Orgs. Code § 101.601SERIES OF MEMBERS, MANAGERS, MEMBERSHIP INTERESTS, OR ASSETS.Printed as Sections 101.627 through 101.636
- Tex. Bus. Orgs. Code § 101.623FILING OF CERTIFICATE OF REGISTERED SERIES.Printed as Section 101.627(b) or 101.634(e)
- Tex. Bus. Orgs. Code § 101.629CONVERSION NOT WINDING UP EVENT.Printed as Sections 101.627 through 101.631
- Tex. Bus. Orgs. Code § 101.631FILING OF CERTIFICATE OF CONVERSION.Printed as Section 101.627
- Tex. Bus. Orgs. Code § 101.632PROHIBITION ON CONVERSION PERMITTED.Printed as Sections 101.627 through 101.631
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.