Member Resolutions of Seller (Sale of Membership Interests) (TX) | Practical Law

Member Resolutions of Seller (Sale of Membership Interests) (TX) | Practical Law

Resolutions of the members of a Texas limited liability company (LLC) authorizing the execution and performance of a membership interest purchase agreement. These resolutions are drafted as standard clauses and should be inserted into meeting minutes or a form of written consent. This Standard Clause has integrated notes with important explanations and drafting tips.

Member Resolutions of Seller (Sale of Membership Interests) (TX)

Practical Law Standard Clauses w-002-2303 (Approx. 7 pages)

Member Resolutions of Seller (Sale of Membership Interests) (TX)

by Practical Law Corporate & Securities
MaintainedTexas
Resolutions of the members of a Texas limited liability company (LLC) authorizing the execution and performance of a membership interest purchase agreement. These resolutions are drafted as standard clauses and should be inserted into meeting minutes or a form of written consent. This Standard Clause has integrated notes with important explanations and drafting tips.