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A BILL TO BE ENTITLED
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AN ACT
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relating to the name of a series limited liability company. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 101.601, Business Organizations Code, is |
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amended by adding Subsection (c) to read as follows: |
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(c) A limited liability company establishing a series shall |
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name the series. The name of the series must contain the name of the |
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limited liability company followed by the word "series" and a |
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unique identifying number. |
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SECTION 2. Section 101.601(c), Business Organizations |
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Code, as added by this Act, applies only to a series established by |
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a limited liability company on or after the effective date of this |
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Act. |
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SECTION 3. This Act takes effect September 1, 2013. |