Texas Business Organizations Code - Section 9.203. Obligations And Liabilities
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§ 9.203. OBLIGATIONS AND LIABILITIES. Subject to this
code and other laws of this state and except as provided by
Subchapter C, Chapter 1, in any matter that affects the transaction
of intrastate business in this state, a foreign entity and each
member, owner, or managerial official of the entity is subject to
the same duties, restrictions, penalties, and liabilities imposed
on a domestic entity to which it most closely corresponds or on a
member, owner, or managerial official of that domestic entity.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 9.158 9.159 9.160 9.161 9.162 9.201 9.202 9.203 9.204 9.251 9.252 9.301 10.001 10.002 10.003
Last modified: August 11, 2007
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