Tex. Bus. Org. Code § 10.054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 10.054 - Effectiveness of Exchange

Except as otherwise provided by Subchapter B, Chapter 4, an interest exchange takes effect at the time provided in the plan of exchange or otherwise agreed to by the parties, except that an interest exchange that requires a filing under Subchapter D takes effect on the acceptance of the filing of the certificate of exchange by the secretary of state or county clerk, as appropriate.

Tex. Bus. Org. Code § 10.054

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.