Tex. Bus. Orgs. Code § 21.108 · Subchapter C. SHAREHOLDERS' AGREEMENTS
PERSONS ACTING IN PLACE OF SHAREHOLDERS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An organizer or a subscriber for shares may act as a shareholder with respect to a shareholders' agreement authorized by this subchapter if no shares have been issued when the agreement is signed.
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.21.htm
- Text hash
- sha256 ba1f5d2f43711d2e481a45efe117bf46b5f6ec750b79ad2fe4d907876fce7969
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.