Texas Statutes
§ 21.724 — TERMINATION OF SHAREHOLDERS' AGREEMENT.
Texas § 21.724
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 21.724 (TERMINATION 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. § 21.724 (2026).
Text
Sec. 21.724. TERMINATION OF SHAREHOLDERS' AGREEMENT.
(a)Except as provided by Subsection (b), a shareholders' agreement terminates when the close corporation terminates its status as a close corporation.
(b)If provided by the shareholders' agreement, all or part of the agreement is valid and enforceable to the extent permitted for an ordinary corporation by this chapter or other law.
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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 § 21.724, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/21.724.