{"data":{"id":"us-tx/tex.-business-organizations-code-1.056","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 1.056","heading":"LAWS GOVERNING FORMATION, INTERNAL AFFAIRS, AND GOVERNANCE OF DOMESTIC ENTITY.","body":"Text of section as added by Acts 2025, 89th Leg., R.S., Ch. 21 (S.B. 29), Sec. 2\nFor text of section as added by Acts 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411), Sec. 1, see other Sec. 1.056.\nThe managerial officials of a domestic entity, in exercising their powers with respect to the domestic entity, may consider the laws and judicial decisions of other states and the practices observed by entities formed in those other states. The failure or refusal of a managerial official to consider, or to conform the exercise of the managerial official's powers to, the laws, judicial decisions, or practices of another state does not constitute or imply a breach of this code or of any duty existing under the laws of this state.\nAdded by Acts 2025, 89th Leg., R.S., Ch. 21 (S.B. 29), Sec. 2, eff. May 14, 2025.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 1. GENERAL PROVISIONS","CHAPTER 1. DEFINITIONS AND OTHER GENERAL PROVISIONS","SUBCHAPTER B. CODE CONSTRUCTION"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.1.htm#1.056","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"6daa929dc23bc23ac631ebe4a1b588eefaaff3d2183f900abb214c3dff652a7c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-1.055","next":"us-tx/tex.-business-organizations-code-1.056-2"},"notice":"GroundRules: Original legal text. Not legal advice."}