Tex. Bus. Org. Code § 21.224
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The liability of a holder, beneficial owner, or subscriber of shares of a corporation, or any affiliate of such a holder, owner, or subscriber or of the corporation, for an obligation that is limited by Section 21.223 is exclusive and preempts any other liability imposed for that obligation under common law or otherwise.
Tex. Bus. Org. Code § 21.224