Texas § 21.751 DEFINITIONS.

Texas Statutes

§ 21.751 — DEFINITIONS.

Texas § 21.751

Code BOBusiness Organizations Code

This text of Texas § 21.751 (DEFINITIONS.) 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. § 21.751 (2026).

Text

Sec. 21.751. DEFINITIONS. In this subchapter:

(1)"Court" means a district court in the county in which the principal office of the close corporation is located.

(2)"Custodian" means a person appointed by a court under Section 21.761 .

(3)"Provisional director" means a person appointed by a court under Section 21.758 .

(4)"Shareholder" means a record or beneficial owner of shares in a close corporation, including:

(A)a person holding a beneficial interest in the shares under an inter vivos, testamentary, or voting trust; or

(B)the personal representative, as defined by the Estates Code, of a record or beneficial owner.

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Sec. 21.751. DEFINITIONS. In this subchapter:
(1) "Court" means a district court in the county in which the principal office of the close corporation is located.
(2) "Custodian" means a person appointed by a court under Section 21.761 .
(3) "Provisional director" means a person appointed by a court under Section 21.758 .
(4) "Shareholder" means a record or beneficial owner of shares in a close corporation, including:
(A) a person holding a beneficial interest in the shares under an inter vivos, testamentary, or voting trust; or
(B) the personal representative, as defined by the Estates Code, of a record or beneficial owner.

Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2017, 85th Leg., R.S., Ch. 324 (S.B. 1488 ), Sec. 22.001, eff. September 1, 2017.