Tex. Bus. Org. Code § 101.205
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A member of a limited liability company who validly exercises the member's right to withdraw from the company granted under the company agreement is entitled to receive, within a reasonable time after the date of withdrawal, the fair value of the member's interest in the company as determined as of the date of withdrawal.
Tex. Bus. Org. Code § 101.205