(a) Subject to Section 101.306(b), a vacancy in the position of a manager of a limited liability company may be filled by:
- (1) the affirmative vote of the majority of the remaining managers of the company, without regard to whether the remaining managers constitute a quorum; or
- (2) the members at a meeting of the company's members called for that purpose.
- (b) A person elected to fill a vacancy in the position of a manager serves for the unexpired term, if any, of the person's predecessor.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Acts 2017, 85th Leg., R.S., Ch. 74 (S.B. 1517), Sec. 10, eff. September 1, 2017.