DecisionDepot
California legal research

Texas Business Organizations Code

§ 10.203 — ABANDONMENT IF NO FILING REQUIRED

BO § 10.203Title 1. GENERAL PROVISIONS · Ch. 10. MERGERS, INTEREST EXCHANGES, CONVERSIONS, AND SALES OF ASSETS · Art. E. ABANDONMENT OF MERGER, EXCHANGE, OR CONVERSION

Statute text

View on source
(a)If no filing is required by this chapter for the abandonment of a merger, interest exchange, or conversion, the merger, interest exchange, or conversion is abandoned:
(1)as provided by the procedures in the plan of merger, exchange, or conversion; or
(2)if no abandonment procedures are provided by the plan, in the manner determined by the governing authority of the abandoning entity.
(b)A filing of a certificate of abandonment under Section 4.057 is not required for the abandonment of a merger, interest exchange, or conversion if no filing is required under Subchapter D to make the merger, interest exchange, or conversion effective.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 38, eff. January 1, 2006.

Source: Texas Business Organizations Code § 10.203 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.