Tex. Bus. Orgs. Code § 21.909 · Subchapter R. RATIFICATION OF DEFECTIVE CORPORATE ACTS OR SHARES; PROCEEDINGS
ADOPTION OF RESOLUTIONS; EFFECT ON DEFECTIVE CORPORATE ACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
On or after the validation effective time, unless determined otherwise in an action brought under Section 21.914 and subject to Sections 21.902(b) and 21.907(e), each defective corporate act ratified in accordance with this subchapter may not be considered ineffective, void, or voidable as a result of the failure of authorization described by the resolutions adopted under Sections 21.903 and 21.904, and the effect shall be retroactive to the time of the defective corporate act.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 32 (S.B. 860), Sec. 30, eff. September 1, 2015.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 75 (S.B. 1518), Sec. 22, eff. September 1, 2017.
Acts 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411), Sec. 34, eff. September 1, 2025.
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 7dc9ea89e0a6b2a94cc3712bfa5b0ae7317390636c1b3555b22c1d9a3cc37b3e
- 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.
Business Organizations Code
- Tex. Bus. Orgs. Code § 21.902RATIFICATION OF DEFECTIVE CORPORATE ACT AND PUTATIVE SHARES.Printed as Sections 21.902(b) and 21.907(e)
- Tex. Bus. Orgs. Code § 21.903RATIFICATION OF DEFECTIVE CORPORATE ACT; ADOPTION OF RESOLUTIONS.Printed as Sections 21.903 and 21.904
- Tex. Bus. Orgs. Code § 21.904QUORUM AND VOTING REQUIREMENTS FOR ADOPTION OF RESOLUTIONS.Printed as Sections 21.903 and 21.904
- Tex. Bus. Orgs. Code § 21.907SHAREHOLDER MEETING; QUORUM AND VOTING.Printed as Sections 21.902(b) and 21.907(e)
- Tex. Bus. Orgs. Code § 21.914PROCEEDING REGARDING VALIDITY OF DEFECTIVE CORPORATE ACTS AND SHARES.Printed as Section 21.914
Cited by 1 provision
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