Tex. Bus. Org. Code § 21.216
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A corporation that transfers shares or makes a distribution to a surviving joint owner under Section 21.214 before the corporation has received a written claim for the shares or distribution from another person is discharged from liability for the transfer or payment.
Tex. Bus. Org. Code § 21.216