Tex. Bus. Orgs. Code § 10.357 · Subchapter H. RIGHTS OF DISSENTING OWNERS

WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

(a) An owner may withdraw a demand for the payment of the fair value of an ownership interest made under Section 10.356 before:

(1) payment for the ownership interest has been made under Sections 10.358 and 10.361; or

(2) a petition has been filed under Section 10.361.

(b) Unless the responsible organization consents to the withdrawal of the demand, an owner may not withdraw a demand for payment under Subsection (a) after either of the events specified in Subsections (a)(1) and (2).

Notes and commentary — not statutory text

History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/BO/htm/BO.10.htm
Text hash: sha256 eb1f483ac7e42bb351644719768378cca016aca07a8bf0a06272bdf77f62fc17
Composed by: compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character

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Business Organizations Code

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