Texas Business Organizations Code - Section 10.201. Abandonment Of Plan Of Merger, Exchange, Or Conversion
Legal Research Home >
Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 10.201. Abandonment Of Plan Of Merger, Exchange, Or Conversion
§ 10.201. ABANDONMENT OF PLAN OF MERGER, EXCHANGE, OR
CONVERSION. After a merger, interest exchange, or conversion is
approved as provided by this code, and at any time before the
merger, interest exchange, or conversion takes effect, the plan of
merger, interest exchange, or conversion may be abandoned, subject
to any contractual rights, by any of the domestic entities that are
a party to the merger, interest exchange, or conversion, without
action by the owners or members, under the procedures provided by
the plan of merger, exchange, or conversion or, if no abandonment
procedures are provided, in the manner determined by the governing
authority.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 10.108 10.151 10.152 10.153 10.154 10.155 10.156 10.201 10.202 10.203 10.251 10.252 10.253 10.254 10.301
Last modified: August 11, 2007
|
