Texas Business Organizations Code

§ 402.011 — WINDING UP AND TERMINATION

BO § 402.011Title 8. MISCELLANEOUS AND TRANSITION PROVISIONS · Ch. 402. MISCELLANEOUS AND TRANSITION PROVISIONS

(a)Chapter 11 applies to:

(1)an action for involuntary or judicial winding up and termination commenced after the mandatory application date; or

(2)a voluntary winding up and termination proceeding initiated after the mandatory application date by:

(A)the governing authority;

(B)the terms of the governing documents; or

(C)applicable law.

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Legislative history

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