Tex. Bus. Org. Code § 8.003

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 8.003 - Limitations in Governing Documents

A governing document of an enterprise may restrict the circumstances under which the enterprise must or may indemnify or may advance expenses to a person under this chapter.

Tex. Bus. Org. Code § 8.003

Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 39,Sec. 14, eff. 9/1/2021.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.