Shareholder Rights and Restrictions | Midpage

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Texas Statutes

Subchapter E

Shareholder Rights and Restrictions

21.201Registered Holders as Owners; Shares Held by Nominees 21.202Definition of Shares 21.203No Statutory Preemptive Right Unless Provided by Certificate of Formation 21.204Statutory Preemptive Rights 21.205Waiver of Preemptive Right 21.206Limitation on Action to Enforce Preemptive Right 21.207Disposition of Shares Having Preemptive Rights 21.208Preemptive Right in Existing Corporation 21.209Transfer of Shares and Other Securities 21.210Restriction on Transfer of Shares and Other Securities 21.211Valid Restrictions on Transfer 21.212Bylaw or Agreement Restricting Transfer of Shares or Other Securities 21.213Enforceability of Restriction on Transfer of Certain Securities 21.214Joint Ownership of Shares 21.215Liability for Designating Owner of Shares 21.216Liability Regarding Joint Ownership of Shares 21.217Liability of Assignee or Transferee 21.218Examination of Records 21.219Annual and Interim Statements of Corporation 21.220Penalty for Failure to Prepare Voting List 21.221Penalty for Failure to Provide Notice of Meeting 21.222Penalty for Refusal to Permit Examination of Certain Records 21.223Limitation of Liability for Obligations 21.224Preemption of Liability 21.225Exceptions to Limitations 21.226Pledgees and Trust Administrators