Must You Sign a Contract to be Bound By It?

Yes, or at least, almost always.  But there are some exceptions in some places.

Stephen Bainbridge and Joan Hemingway write of circumstances in Delaware and California where, as the song says, “it ain’t necessarily so.” at least with regard to limited liability companies.  You needn’t be alarmed, thinking somebody else’s agreement could affect you.  Those affected are members and managers of a limited liability company and perhaps the company itself.

Since I don’t immediately have this problem in my practice, I’ve made no effort to tell if Texas is likely to follow either of these examples.  But if you do have the problem, you might want to give this issue some thought.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s