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Texas Business Organizations Code

§ 303.003 — NOTICE OF RESTRICTION ON TRANSFER OF SHARES

BO § 303.003Title 7. PROFESSIONAL ENTITIES · Ch. 303. PROVISIONS RELATING TO PROFESSIONAL CORPORATIONS

Statute text

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Any restriction on the transfer of shares in a professional corporation that is imposed by the governing documents of the corporation or an applicable agreement must be:
(1)noted on each certificate representing the shares; or
(2)incorporated by reference in the manner provided by Chapter 21.

Legislative history

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

Source: Texas Business Organizations Code § 303.003 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.