Tex. Bus. Orgs. Code § 21.608 · Subchapter M. AFFILIATED BUSINESS COMBINATIONS
EFFECT ON OTHER ACTIONS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This subchapter does not affect, directly or indirectly, the validity of another action by the board of directors of an issuing public corporation.
(b) This subchapter does not preclude the board of directors of an issuing public corporation from taking other action in accordance with law.
(c) The board of directors of an issuing public corporation does not incur liability for an election made or not made under this subchapter.
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 9dafa084ed022601d71ba754ebe6b8e598ab82e420a635cb4d8e3a42222342ce
- 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.