Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 101.101 - Members Required(a) A limited liability company may have one or more members. Except as provided by this section, a limited liability company must have at least one member.(b) A limited liability company that has managers is not required to have any members during a reasonable period between the date the company is formed and the date the first member is admitted to the company.(c) A limited liability company is not required to have any members during the period between the date the continued membership of the last remaining member of the company is terminated and the date the agreement to continue the company described by Section 11.056 is executed.Tex. Bus. Org. Code § 101.101
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.