Texas Business Organizations Code Title 1, Chapter 1 - Definitions And Other General Provisions
SUBCHAPTER A DEFINITIONS AND PURPOSE
- Texas Section 1.001 - Purpose
The purpose of this code is to make the law encompassed by this code more accessible and understandable by: (1) rearranging the statutes into a...
- Texas Section 1.002 - Definitions
In this code: (1) "Affiliate" means a person who controls, is controlled by, or is under common control with another person. (2) "Associate," when used...
- Texas Section 1.003 - Disinterested Person
(a) For purposes of this code, a person is disinterested with respect to the approval of a contract, transaction, or other matter, or to the...
- Texas Section 1.004 - Independent Person
(a) For purposes of this code, a person is independent with respect to considering the disposition of a claim or challenge regarding a contract or...
- Texas Section 1.005 - Conspicuous Information
In this code, required information is conspicuous if the information is placed in a manner or displayed using a font that provides or should provide...
- Texas Section 1.006 - Synonymous Terms
To the extent not inconsistent with the provisions of the constitution, other statutes or codes, and governing documents wherein such terms may be found, and...
- Texas Section 1.007 - Signing Of Document Or Other Writing
For purposes of this code, a writing has been signed by a person when the writing includes, bears, or incorporates the person's signature. A transmission...
- Texas Section 1.008 - Short Titles
(a) The provisions of this code as described by this section may be cited as provided by this section. (b) The provisions of Title 2...
SUBCHAPTER B CODE CONSTRUCTION
- Texas Section 1.009 - Dollars As Monetary Units
Unless the context requires otherwise, a value or amount that is required by this code to be stated in monetary terms must be stated in...
- Texas Section 1.051 - Construction Of Code
Chapter 311, Government Code (Code Construction Act), applies to the construction of each provision in this code except as otherwise expressly provided by this code....
- Texas Section 1.052 - Reference In Law To Statute Revised By Code
A reference in a law to a statute or a part of a statute revised by this code is considered to be a reference to...
- Texas Section 1.053 - Applicability To Foreign And Interstate Affairs
This code applies to the conduct of affairs with foreign countries and the other states of the United States only to the extent permitted under...
SUBCHAPTER C DETERMINATION OF APPLICABLE LAW
- Texas Section 1.054 - Reservation Of Power
The legislature at all times has the power to amend, repeal, or modify this code and to prescribe regulations, provisions, and limitations as the legislature...
- Texas Section 1.101 - Domestic Filing Entities
The law of this state governs the formation and internal affairs of an entity if the entity's formation occurs when a certificate of formation filed...
- Texas Section 1.102 - Foreign Filing Entities
If the formation of an entity occurs when a certificate of formation or similar instrument filed with a foreign governmental authority takes effect, the law...
- Texas Section 1.103 - Entities Not Formed By Filing Instrument
If the formation of an entity does not occur when a certificate of formation or similar instrument filed with the secretary of state or with...
- Texas Section 1.104 - Law Applicable To Liability
The law of the jurisdiction that governs an entity as determined under Sections 1.101-1.103 applies to the liability of an owner, a member, or a...
- Texas Section 1.105 - Internal Affairs
For purposes of this code, the internal affairs of an entity include: (1) the rights, powers, and duties of its governing authority, governing persons, officers,...
- Texas Section 1.106 - Order Of Precedence
(a) This title applies to all domestic entities and foreign entities to the extent provided by this title. (b) Each title of this code, other...
Last modified: September 28, 2016