Tex. Bus. Org. Code § 21.317

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

Section 21.317 - Statute of Limitations on Action for Wrongful Distribution

An action may not be brought against a director of a corporation under Section 21.316 after the second anniversary of the date the alleged act giving rise to the liability occurred.

Tex. Bus. Org. Code § 21.317

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