Texas Business Organizations Code - Section 10.357. Withdrawal Of Demand For Fair Value Of Ownership Interest
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§ 10.357. WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP
INTEREST. (a) An owner may withdraw a demand for the payment of the
fair value of an ownership interest made under Section 10.356
before:
(1) payment for the ownership interest has been made
under Sections 10.358 and 10.361; or
(2) a petition has been filed under Section 10.361.
(b) Unless the responsible organization consents to the
withdrawal of the demand, an owner may not withdraw a demand for
payment under Subsection (a) after either of the events specified
in Subsections (a)(1) and (2).
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 10.306 10.351 10.352 10.353 10.354 10.355 10.356 10.357 10.358 10.359 10.360 10.361 10.362 10.363 10.364
Last modified: August 11, 2007
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