Texas Business Organizations Code § 21.504 Responsibility For Winding Up

Sec. 21.504. RESPONSIBILITY FOR WINDING UP. If a corporation determines or is required to wind up, the directors of the corporation shall manage the process of winding up the business or affairs of the corporation.

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


Section: Previous  21.459  21.460  21.461  21.462  21.501  21.502  21.503  21.504  21.551  21.552  21.553  21.554  21.555  21.556  21.557  Next

Last modified: September 28, 2016