Tex. Bus. Org. Code § 21.102

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 21.102 - Term of Agreement

Any limit on the term or duration of a shareholders' agreement under this subchapter must be set forth in the agreement. A shareholders' agreement under this subchapter that was in effect before September 1, 2015, remains in effect for 10 years, unless the agreement provides otherwise.

Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 32,Sec. 23, eff. 9/1/2015.

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