Tex. Bus. Org. Code § 21.207
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The transferee or successor of a share that has been transferred or otherwise disposed of by a shareholder of a corporation whose preemptive right to acquire shares in the corporation has been violated does not acquire the preemptive right, or any right or claim based on the violation, unless the previous shareholder has assigned the preemptive right to the transferee or successor.
Tex. Bus. Org. Code § 21.207