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Tex. Business Organizations Code § 10.359

RECORD OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST

Texas · Texas Business Organizations Code · Status: effective

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Tex. Business Organizations Code § 10.359, RECORD OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583279
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(a) A responsible organization shall note in the organization's ownership interest records maintained under Section 3.151 the receipt of a demand for payment from any dissenting owner made under Section 10.356. (b) 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: (1) a reference to the demand; and (2) the name of the original dissenting owner of the ownership interest.