Texas Business Organizations Code
Sec. § 10.359
Record of Demand for Fair Value of Ownership Interest


A responsible organization shall note in the organizations ownership interest records maintained under Section 3.151 the receipt of a demand for payment from any dissenting owner made under Section 10.356.


If an ownership interest that is the subject of a demand for payment made under Section 10.356 is transferred, a new certificate representing that ownership interest must contain:


a reference to the demand; and


the name of the original dissenting owner of the ownership interest.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Last accessed
Dec. 5, 2019