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Texas Business Organizations Code

§ 21.3531 — NOTICE BY ELECTRONIC TRANSMISSION

BO § 21.3531Title 2. CORPORATIONS · Ch. 21. FOR-PROFIT CORPORATIONS · Art. H. SHAREHOLDERS' MEETINGS; NOTICE TO SHAREHOLDERS; VOTING AND QUORUM

Statute text

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(a)On consent of a shareholder, notice from a corporation under this code, the certificate of formation, or the bylaws may be provided to the shareholder by electronic transmission. The shareholder may specify the form of electronic transmission to be used to communicate notice.
(b)Notice is considered provided under this section when the notice is:
(1)transmitted to a facsimile number provided by the shareholder for the purpose of receiving notice;
(2)transmitted to an electronic mail address provided by the shareholder for the purpose of receiving notice;
(3)posted on an electronic network and a message is sent to the shareholder at the address provided by the shareholder for the purpose of alerting the shareholder of a posting; or
(4)communicated to the shareholder by any other form of electronic transmission consented to by the shareholder.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 52, eff. January 1, 2006.

Source: Texas Business Organizations Code § 21.3531 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.