Texas Business Organizations Code
Sec. § 10.357
Withdrawal of Demand for Fair Value of Ownership Interest


An owner may withdraw a demand for the payment of the fair value of an ownership interest made under Section 10.356 before:


payment for the ownership interest has been made under Sections 10.358 and 10.361; or


a petition has been filed under Section 10.361.


Unless the responsible organization consents to the withdrawal of the demand, an owner may not withdraw a demand for payment under Subsection (a) after either of the events specified in Subsections (a)(1) and (2).
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Last accessed
Dec. 5, 2019