Texas Statutes
§ 21.504 — RESPONSIBILITY FOR WINDING UP.
Texas § 21.504
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 21.504 (RESPONSIBILITY FOR WINDING UP.) 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. § 21.504 (2026).
Text
Sec. 21.504. RESPONSIBILITY FOR WINDING UP. If a corporation determines or is required to wind up, the directors of the corporation shall manage the process of winding up the business or affairs of the corporation.
SUBCHAPTER L. DERIVATIVE PROCEEDINGS
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Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Nearby Sections
15
§ 21.002
DEFINITIONS.§ 21.057
BYLAWS.§ 21.058
DUAL AUTHORITY.§ 21.059
ORGANIZATION MEETING.§ 21.101
SHAREHOLDERS' AGREEMENT.§ 21.102
TERM OF AGREEMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 21.504, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/21.504.