Tex. Loc. Gov't Code § 501.407 · Subchapter I. ALTERATION OR TERMINATION OF CORPORATION
TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
On approval of the governing bodies of each unit and corporation involved, a corporation that is not a Type A corporation may transfer all of the corporation's assets to a Type A corporation and terminate its existence as provided by this subtitle.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm
- Text hash
- sha256 41d1b5ac1bc50720cc919bbc7747d221c08dd6b080a90dda98a6bd2339913366
- 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.