Tex. Bus. Orgs. Code § 11.051 · Subchapter B. WINDING UP OF DOMESTIC ENTITY
EVENT REQUIRING WINDING UP OF DOMESTIC ENTITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Winding up of a domestic entity is required on:
(1) the expiration of any period of duration specified in the domestic entity's governing documents;
(2) a voluntary decision to wind up the domestic entity;
(3) an event specified in the governing documents of the domestic entity requiring the winding up, dissolution, or termination of the domestic entity, other than an event specified in another subdivision of this section;
(4) an event specified in other sections of this code requiring the winding up or termination of the domestic entity, other than an event specified in another subdivision of this section; or
(5) a decree by a court requiring the winding up, dissolution, or termination of the domestic entity, rendered under this code or other law.
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. 61, eff. September 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.11.htm
- Text hash
- sha256 9d6d07b422960fff85a24407e5d45031b2a1475ee8b57b4b7f0a0f66e66f72ce
- 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
Cited by 15 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 11.051. Each shows the citation as that text prints it.
Business Organizations Code
- Tex. Bus. Orgs. Code § 11.001DEFINITIONS.Printed as Section 11.051
- Tex. Bus. Orgs. Code § 11.056SUPPLEMENTAL PROVISIONS FOR LIMITED LIABILITY COMPANY.Printed as Section 11.051(4)
- Tex. Bus. Orgs. Code § 11.057SUPPLEMENTAL PROVISIONS FOR DOMESTIC GENERAL PARTNERSHIP.Printed as Section 11.051(4)
- Tex. Bus. Orgs. Code § 11.058SUPPLEMENTAL PROVISION FOR LIMITED PARTNERSHIP.Printed as Section 11.051(4)
- Tex. Bus. Orgs. Code § 11.059SUPPLEMENTAL PROVISIONS FOR CORPORATIONS.Printed as Section 11.051(3)
- Tex. Bus. Orgs. Code § 11.152CONTINUATION OF BUSINESS WITHOUT WINDING UP.Printed as Section 11.051(3) | Section 11.051(4)
- Tex. Bus. Orgs. Code § 101.552APPROVAL OF VOLUNTARY WINDING UP, REVOCATION, CANCELLATION, OR REINSTATEMENT.Printed as Section 11.051(1)
- Tex. Bus. Orgs. Code § 101.617PROCEDURES FOR WINDING UP AND TERMINATION OF PROTECTED SERIES OR REGISTERED SERIES.Printed as Sections 11.051, 11.056, 11.057, 11.058, and 11.059
- Tex. Bus. Orgs. Code § 101.629CONVERSION NOT WINDING UP EVENT.Printed as Section 11.051, 11.056, 101.552 or 101.616
- Tex. Bus. Orgs. Code § 152.001DEFINITIONS.Printed as Section 11.051 or 11.057
- Tex. Bus. Orgs. Code § 152.506LIABILITY OF WITHDRAWN PARTNER TO THIRD PARTY.Printed as Section 11.051 or 11.057
- Tex. Bus. Orgs. Code § 152.610DEFERRED PAYMENT ON WINDING UP PARTNERSHIP.Printed as Section 11.051 or 11.057
- Tex. Bus. Orgs. Code § 152.701EFFECT OF EVENT REQUIRING WINDING UP.Printed as Section 11.051 or 11.057
- Tex. Bus. Orgs. Code § 152.709CANCELLATION OR REVOCATION OF EVENT REQUIRING WINDING UP; CONTINUATION OF PARTNERSHIP.Printed as Section 11.051(1)
- Tex. Bus. Orgs. Code § 153.501CANCELLATION OR REVOCATION OF EVENT REQUIRING WINDING UP; CONTINUATION OF BUSINESS.Printed as Section 11.051(1) | Section 11.051(3)
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.