Tex. Bus. Org. Code § 21.221

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 21.221 - Penalty for Failure to Provide Notice of Meeting

If an officer or agent of a corporation is unable to comply with the duties prescribed by Sections 21.354 and 21.372 because the officer or agent did not receive notice of a meeting of shareholders within a sufficient time before the date of the meeting, the corporation, rather than the officer or agent, is liable to a shareholder who suffers damages because of the failure for the extent of the damage caused by the failure.

Tex. Bus. Org. Code § 21.221

Amended by Acts 2007, 80th Leg., R.S., Ch. 688, Sec. 73, eff. 9/1/2007.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.