Tex. Bus. Org. Code § 21.225

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

Section 21.225 - Exceptions to Limitations

Section 21.223 or 21.224 does not limit the obligation of a holder, beneficial owner, subscriber, or affiliate to the obligee of the corporation if that person:

(1) expressly assumes, guarantees, or agrees to be personally liable to the obligee for the obligation; or

(2) is otherwise liable to the obligee for the obligation under this code or other applicable statute.

Tex. Bus. Org. Code § 21.225

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