Tex. Bus. Org. Code § 22.305
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A plan providing for the distribution of property may be adopted by a corporation in the process of winding up, and shall be adopted by a corporation to authorize a transfer or conveyance of assets for which this chapter requires a plan of distribution, in the manner provided by this subchapter.
Tex. Bus. Org. Code § 22.305