Texas § 21.557 TOLLING OF STATUTE OF LIMITATIONS.

Texas Statutes

§ 21.557 — TOLLING OF STATUTE OF LIMITATIONS.

Texas § 21.557

Code BOBusiness Organizations Code

This text of Texas § 21.557 (TOLLING OF STATUTE OF LIMITATIONS.) 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. § 21.557 (2026).

Text

Sec. 21.557. TOLLING OF STATUTE OF LIMITATIONS. A written demand filed with the corporation under Section 21.553 tolls the statute of limitations on the claim on which demand is made until the later of:

(1)the 31st day after the expiration of any waiting period under Section 21.553 ; or

(2)the 31st day after the expiration of any stay granted under Section 21.555 , including all continuations of the stay.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 21.557. TOLLING OF STATUTE OF LIMITATIONS. A written demand filed with the corporation under Section 21.553 tolls the statute of limitations on the claim on which demand is made until the later of:
(1) the 31st day after the expiration of any waiting period under Section 21.553 ; or
(2) the 31st day after the expiration of any stay granted under Section 21.555 , including all continuations of the stay.

Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2019, 86th Leg., R.S., Ch. 899 (H.B. 3603 ), Sec. 7, eff. September 1, 2019.