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Texas Business Organizations Code

§ 8.003 — LIMITATIONS IN GOVERNING DOCUMENTS

BO § 8.003Title 1. GENERAL PROVISIONS · Ch. 8. INDEMNIFICATION AND INSURANCE · Art. A. GENERAL PROVISIONS

Statute text

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A governing document of an enterprise may restrict the circumstances under which the enterprise must or may indemnify or may advance expenses to a person under this chapter. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by:

Legislative history

Acts 2021, 87th Leg., R.S., Ch. 39 (S.B. 1203), Sec. 14, eff. September 1, 2021.

Source: Texas Business Organizations Code § 8.003 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.