Texas § 21.717 DELIVERY OF SHAREHOLDERS' AGREEMENT.

Texas Statutes

§ 21.717 — DELIVERY OF SHAREHOLDERS' AGREEMENT.

Texas § 21.717

Code BOBusiness Organizations Code

This text of Texas § 21.717 (DELIVERY OF SHAREHOLDERS' AGREEMENT.) 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. § 21.717 (2026).

Text

Sec. 21.717. DELIVERY OF SHAREHOLDERS' AGREEMENT.

(a)The close corporation shall deliver a complete copy of a shareholders' agreement to:

(1)each person who is bound by the shareholders' agreement;

(2)each person who is or will become a shareholder in the close corporation as provided by Section 21.715 when a certificate representing shares in the close corporation is delivered to the person; and

(3)each person to whom a certificate representing shares is issued and who has not received a complete copy of the agreement.

(b)The failure to deliver a complete copy of a shareholders' agreement as required by this section does not affect the validity or enforceability of the shareholders' agreement.

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Sec. 21.717. DELIVERY OF SHAREHOLDERS' AGREEMENT. (a) The close corporation shall deliver a complete copy of a shareholders' agreement to:
(1) each person who is bound by the shareholders' agreement;
(2) each person who is or will become a shareholder in the close corporation as provided by Section 21.715 when a certificate representing shares in the close corporation is delivered to the person; and
(3) each person to whom a certificate representing shares is issued and who has not received a complete copy of the agreement.
(b) The failure to deliver a complete copy of a shareholders' agreement as required by this section does not affect the validity or enforceability of the shareholders' agreement.