| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 84R6880 GRM-D | |
| 2 | 2 | By: Burton S.B. No. 433 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to a membership interest in a limited liability company | |
| 8 | 8 | subject to a charging order. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 101.112, Business Organizations Code, is | |
| 11 | 11 | amended by adding Subsection (g) to read as follows: | |
| 12 | 12 | (g) This section applies to both single-member limited | |
| 13 | 13 | liability companies and multiple-member limited liability | |
| 14 | 14 | companies. | |
| 15 | 15 | SECTION 2. The change in law made by this Act is intended | |
| 16 | 16 | only to clarify existing law with respect to the applicability of | |
| 17 | 17 | charging orders to limited liability companies. | |
| 18 | 18 | SECTION 3. This Act takes effect September 1, 2015. |