Texas § 10.357 WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST.

Texas Statutes

§ 10.357 — WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST.

Texas § 10.357

Code BOBusiness Organizations Code

This text of Texas § 10.357 (WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Business Organizations Code Code Ann. § 10.357 (2026).

Text

Sec. 10.357. WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST.

(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).

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Sec. 10.357. WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP INTEREST. (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).