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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 6A.202: DECLARATORY JUDGMENT OR INJUNCTIVE RELIEF.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 1. GENERAL PROVISIONS
  3. CHAPTER 6A. PROXY ADVISORY SERVICES
  4. SUBCHAPTER C. ENFORCEMENT

(a) In this section, "affected party" includes:

(1) the recipient of proxy advisory services provided by the proxy advisor;

(2) the company that is the subject of the proxy advisory services; or

(3) any shareholder of the company described by Subdivision (2).

(b) An affected party may bring an action seeking a declaratory judgment or injunctive relief under Chapter 37, Civil Practice and Remedies Code, against a proxy advisor who violates this chapter. Not later than the seventh day after the date on which an action is brought under this subsection, the plaintiff shall provide notice to the attorney general, who may intervene in the action.

Added by Acts 2025, 89th Leg., R.S., Ch. 1153 (S.B. 2337), Sec. 2, eff. September 1, 2025.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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