Court Opinions

State Laws

US Code

US Constitution

Texas Business Organizations Code - Section 402.010. Sale Of Assets, Mergers, Reorganizations, Conversions

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 402.010. Sale Of Assets, Mergers, Reorganizations, Conversions

§ 402.010. SALE OF ASSETS, MERGERS, REORGANIZATIONS, 
CONVERSIONS.  Chapter 10 and any other applicable provisions of 
this code apply to a transaction consummated by an entity after the 
mandatory application date, except that if a required approval of 
the owners or members of the entity has been given before the 
mandatory application date or has been given after the mandatory 
application date but at a meeting of owners or members initially 
called for a date before the mandatory application date, the 
transaction shall be governed by the prior law.

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

Last modified: August 11, 2007