Texas Business Organizations Code

§ 21.201 — REGISTERED HOLDERS AS OWNERS; SHARES HELD BY NOMINEES

BO § 21.201Title 2. CORPORATIONS · Ch. 21. FOR-PROFIT CORPORATIONS · Art. E. SHAREHOLDER RIGHTS AND RESTRICTIONS

Statute text

(a)Except as otherwise provided by this code and subject to Chapter 8, Business & Commerce Code, a corporation may consider the person registered as the owner of a share in the share transfer records of the corporation at a particular time, including a record date set under Section 6.101 or 6.102 or Subchapter H, as the owner of that share at that time for purposes of:

(1)voting the share;

(2)receiving distributions on the share;

(3)transferring the share;

(4)receiving notice, exercising rights of dissent, exercising or waiving a preemptive right, or giving proxies with respect to that share;

(5)entering into agreements with respect to that share in accordance with Section 6.251, 6.252, or 21.210; or

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Legislative history

Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 33, eff. September 1, 2009.