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Tex. Business Organizations Code § 10.357

WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST

Texas · Texas Business Organizations Code · Status: effective

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Tex. Business Organizations Code § 10.357, WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583277
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(a) An owner may withdraw a demand for the payment of the fair value of an ownership interest made under Section 10.356 before: (1) payment for the ownership interest has been made under Sections 10.358 and 10.361; or (2) a petition has been filed under Section 10.361. (b) 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).