Business Organizations Code revisor's report, part 4

y an amendment to the regulations adopted by
the members.
Revisor's Note
The revised law merely simplifies
language in the Texas Limited Liability
Company Act. No substantive change is
intended.
[Sections 101.308-101.350 reserved for expansion]
SUBCHAPTER H. MEETINGS AND VOTING
Revised Law
Sec. 101.351. APPLICABILITY OF SUBCHAPTER. This subchapter
applies only to a meeting of and voting by:
(1) the governing authority of a limited liability
company;
(2) the members of a limited liability company if the
members do not constitute the governing authority of the company;
and
(3) a committee of the governing authority of a
limited liability company. (TLLCA 2.12.A (part).)
Source Law
2.12.A. . . . If the management of the
limited liability company is reserved in
whole or in part to the members, Articles
. . . 2.19 . . . of this Act apply to the
members who manage the limited liability
company to the same extent as those articles
would otherwise apply to managers of a
limited liability company.
Revisor's Note
No substantive change is intended.
While not having a direct derivation in the
source law, this provision clarifies the
scope of application of Subchapter H's
procedural requirements applicable to
meetings and voting.
Revised Law
Sec. 101.352. GENERAL NOTICE REQUIREMENTS. (a) Except as
provided by Subsection (b), notice of a regular or special
meeting of the governing authority or members of a limited
liability company, or a committee of the company's governing
authority, shall be given in writing to each governing person,
member, or committee member, as appropriate, and as provided by
Section 6.051.
(b) If the members of a limited liability company do not
constitute the governing authority of the company, notice