If you are a member of a Texas limited liability company (LLC), it is important to understand that LLCs provide a level of liability protection to their members. This means that, in most cases, a member of an LLC cannot be held personally liable for the debts and obligations of the LLC. This principle was…
Tag: Texas LLC
About the Texas Registered Series LLC
Many people may be wondering what a registered series limited liability company (LLC) is and when it would be used, as Texas law does not currently require registration of a series LLC. A registered series is a type of series within a Texas series LLC that is created by filing a certificate of formation with…