{"data":{"id":"us-tx/tex.-business-organizations-code-21.102","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.102","heading":"TERM OF AGREEMENT.","body":"Any limit on the term or duration of a shareholders' agreement under this subchapter must be set forth in the agreement. A shareholders' agreement under this subchapter that was in effect before September 1, 2015, remains in effect for 10 years, unless the agreement provides otherwise.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2015, 84th Leg., R.S., Ch. 32 (S.B. 860), Sec. 23, eff. September 1, 2015.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 21. FOR-PROFIT CORPORATIONS","SUBCHAPTER C. SHAREHOLDERS' AGREEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"91280deba2d12c18d1183e7ab627d1cedab469c1f633cd1f2c97b43b48ed719a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.101","next":"us-tx/tex.-business-organizations-code-21.103"},"notice":"GroundRules: Original legal text. Not legal advice."}