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Tex. Business Organizations Code § 21.224

PREEMPTION OF LIABILITY

Texas · Texas Business Organizations Code · Status: effective

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Tex. Business Organizations Code § 21.224, PREEMPTION OF LIABILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583473
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The liability of a holder, beneficial owner, or subscriber of shares of a corporation, or any affiliate of such a holder, owner, or subscriber or of the corporation, for an obligation that is limited by Section 21.223 is exclusive and preempts any other liability imposed for that obligation under common law or otherwise.