Tex. Bus. Org. Code § 21.217

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 21.217 - Liability of Assignee or Transferee

An assignee or transferee of certificated shares, uncertificated shares, or a subscription for shares in good faith and without knowledge that full consideration for the shares or subscription has not been paid may not be held personally liable to the corporation or a creditor of the corporation for an unpaid portion of the consideration.

Tex. Bus. Org. Code § 21.217

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