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SB 98, 54th Regular Session
Relating to adopting and establishing general statutory provisions applicable to business corporations; to provide for the incorporation, regulation, admission to do business in Texas, merger, consolidation, receivership, dissolution, and liquidation of those business corporations to which this Act shall apply; to provide that it shall apply to certain Texas corporations Incorporated after the Act becomes effective, and certain foreign corporations admitted to do business in Texas after it becomes effective, for voluntary adoption of the provisions of the Act by certain other corporations and for application of the Act to be certain other corporations upon the expiration of five years after the Act becomes effective; to provide for power, duties, authorizations and responsibilities of affected corporations and their officers, directors and stockholders; to repeal acts in conflict herewith; containing a savings clause.
Author: Rudolph A. Weinert
Coauthor: Joseph Searcy Bracewell, Jr.
BUSINESS CORPORATION ACT, TEXAS
Corporations & Associations
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