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Jurisdictional Updates 5-17-2022

Texas – Registered Series LLC’s Permitted June 1

Senate Bill 1523 signed by the governor May 15 and effective June 1, 2022 amends the Business Organizations Code regarding series limited liability companies to provide for filings to create a registered series with the LLC name and the phrase “registered series” or the abbreviation “RS” or “R.S.” and establish procedures for mergers and conversion of a protected or registered series to the other type of series. The bill text can be accessed at