Tex. Bus. Orgs. Code § 21.751 · Subchapter P. JUDICIAL PROCEEDINGS RELATING TO CLOSE CORPORATION
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this subchapter:
(1) "Court" means a district court in the county in which the principal office of the close corporation is located.
(2) "Custodian" means a person appointed by a court under Section 21.761.
(3) "Provisional director" means a person appointed by a court under Section 21.758.
(4) "Shareholder" means a record or beneficial owner of shares in a close corporation, including:
(A) a person holding a beneficial interest in the shares under an inter vivos, testamentary, or voting trust; or
(B) the personal representative, as defined by the Estates Code, of a record or beneficial owner.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 324 (S.B. 1488), Sec. 22.001, eff. September 1, 2017.
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 ad3262bcc3008253ba22ee755eca67567a4d1179334b81ae16ff47b0a002c74a
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.