Tex. Bus. Orgs. Code Section 402.010
Sale of Assets, Mergers, Reorganizations, Conversions

Chapter 10 (Mergers, Interest Exchanges, Conversions, and Sales of Assets) and any other applicable provisions of this code apply to a transaction consummated by an entity after the mandatory application date, except that if a required approval of the owners or members of the entity has been given before the mandatory application date or has been given after the mandatory application date but at a meeting of owners or members initially called for a date before the mandatory application date, the transaction shall be governed by the prior law.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Section 402.010 — Sale of Assets, Mergers, Reorganizations, Conversions, https://statutes.­capitol.­texas.­gov/Docs/BO/htm/BO.­402.­htm#402.­010 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 402.010’s source at texas​.gov