Texas Business Organizations Code

§ 402.003 — EARLY ADOPTION OF CODE BY EXISTING DOMESTIC ENTITY

BO § 402.003Title 8. MISCELLANEOUS AND TRANSITION PROVISIONS · Ch. 402. MISCELLANEOUS AND TRANSITION PROVISIONS

Statute text

(a)A domestic entity formed before the effective date of this code may voluntarily elect to adopt and become subject to this code by:

(1)adopting the code by complying with the procedures for approval, under prior law and its governing documents, of an amendment to:

(A)its articles of incorporation, with respect to a corporation or cooperative association;

(B)its regulations, with respect to a limited liability company;

(C)its articles of association, with respect to a professional association;

(D)its declaration of trust, with respect to a real estate investment trust;

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 139, eff. September 1, 2007. Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 59, eff. September 1, 2011.