Texas Business Organizations Code - Section 21.751. Definitions
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Texas Laws > Business Organizations Code > Texas Business Organizations Code - Section 21.751. Definitions
§ 21.751. DEFINITIONS. In this subchapter:
(1) "Court" means a district court in the county in
which the principal office of the close corporation is located.
(2) "Custodian" means a person appointed by a court
under Section 21.761.
(3) "Provisional director" means a person appointed by
a court under Section 21.758.
(4) "Shareholder" means a record or beneficial owner
of shares in a close corporation, including:
(A) a person holding a beneficial interest in the
shares under an inter vivos, testamentary, or voting trust; or
(B) the personal representative, as defined by
the Texas Probate Code, of a record or beneficial owner.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 21.726 21.727 21.728 21.729 21.730 21.731 21.732 21.751 21.752 21.753 21.754 21.755 21.756 21.757 21.758
Last modified: August 11, 2007
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