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The Company Agreement Explained: What Is A Company …

Jun 26, 2013 · It is important to note that in the event a company has not adopted a Company Agreement (most states, including Texas, don’t require LLCs to have a Company Agreement), the company will operate under the provisions of the Texas Business Organizations Code (TBOC). The provisions of the TBOC are known as the default provisions.…

Texas LLC Company Agreement - Single Member

COMPANY AGREEMENT. OF [NAME] This Company Agreement (this “Agreement”), dated effective 18.12.2020, is executed and agreed to, for good and valuable consideration, by the initial Member listed on Exhibit A. Article 1 . Formation. 1.1. Formation. [NAME] was formed as a limited liability company under and pursuant to the Texas Business Organizations Code (the “BOC”) and other relevant laws ...…

DRAFTING LIMITED LIABILITY COMPANY AGREEMENTS

3 a Texas limited liability company is created by the filing of a certificate of formation meeting the requirements of BOC §3.005 and §3.010. The existence of the company commences when the filing of the certificate takes ... The BOC does not expressly require that a Texas limited liability company have a company agreement, but it is ...…

Formation of Texas Entities FAQs - Texas Secretary of State

A Texas LLC that states a nonprofit purpose remains an LLC, as that term is defined in section 1.002(46). ... of the Texas Business Organizations Code must be included in your certificate of formation and company agreement, ... If you want to use our general certificate of formation for a limited liability company (Form 205 Word, ...…

Texas LLC Company Agreement - Multi-Member

COMPANY AGREEMENT. OF [NAME] This Company Agreement (this “Agreement”), dated effective 18.12.2020, is executed and agreed to, for good and valuable consideration, by the initial Members listed on Exhibit A. Article 1 . Formation. 1.1. Formation. [NAME] was formed as a limited liability company under and pursuant to the Texas Business Organizations Code (the “BOC”) and other relevant laws ...…