Tex. Bus. Org. Code § 21.108

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

Section 21.108 - Persons Acting in Place of Shareholders

An organizer or a subscriber for shares may act as a shareholder with respect to a shareholders' agreement authorized by this subchapter if no shares have been issued when the agreement is signed.

Tex. Bus. Org. Code § 21.108

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