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Tex. Business Organizations Code § 21.705

ADOPTION OF AMENDMENT FOR CLOSE CORPORATION STATUS

Texas · Texas Business Organizations Code · Status: effective

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Tex. Business Organizations Code § 21.705, ADOPTION OF AMENDMENT FOR CLOSE CORPORATION STATUS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583602
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(a) An ordinary corporation may become a close corporation by amending its certificate of formation in accordance with Chapter 3 to conform with Section 3.008. (b) An amendment adopting close corporation status must be approved by the affirmative vote of the holders of all of the outstanding shares of each class established by the close corporation, regardless of whether a class is entitled to vote on the amendment by the certificate of formation of the ordinary corporation.