Texas Business Organizations Code § 21.753 Notice; Intervention

Sec. 21.753. NOTICE; INTERVENTION. (a) Notice of the institution of a proceeding shall be given to the close corporation, if the corporation is not a plaintiff, and to each shareholder who is not a plaintiff in the manner prescribed by law and consistent with due process of law as directed by the court.

(b) The close corporation or a shareholder of the close corporation may intervene in the proceeding.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Section: Previous  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  21.759  21.760  Next

Last modified: September 28, 2016