CREDITOR'S RIGHT TO ENFORCE CERTAIN OBLIGATIONS.

Tex. BUS. ORGS Code § 101.155.
in effect
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A creditor of a limited liability company who extends credit or otherwise acts in reasonable reliance on an enforceable obligation of a member of the company that is released or settled as provided by Section 101.154 may enforce the original obligation if the obligation is stated in a document that is: (1) signed by the member; and (2) not amended or canceled to evidence the release or settlement of the obligation.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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