Sec. 22.307. RESPONSIBILITY FOR WINDING UP. If a corporation determines or is required to wind up, the winding up of the corporation's affairs shall be managed by: (1) the directors, if management of the affairs is not vested in the corporation's members under Section 22.202 ; or (2) the members, if management of the affairs is vested in the corporation's members under Section 22.202 .
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