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Texas Business Organizations Code - Section 21.108. Persons Acting In Place Of Shareholders

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 21.108. Persons Acting In Place Of Shareholders

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§ 21.108. PERSONS ACTING IN PLACE OF SHAREHOLDERS. An organizer or a subscriber for shares may act as a shareholder with respect to a shareholders' agreement authorized by this subchapter if no shares have been issued when the agreement is signed. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.

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Last modified: August 11, 2007