{"data":{"id":"us-tx/tex.-business-organizations-code-21.205","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.205","heading":"WAIVER OF PREEMPTIVE RIGHT.","body":"(a) A shareholder may waive a preemptive right granted to the shareholder.\n(b) A written waiver of a preemptive right is irrevocable regardless of whether the waiver is supported by consideration.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 21. FOR-PROFIT CORPORATIONS","SUBCHAPTER E. SHAREHOLDER RIGHTS AND RESTRICTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.205","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"76488b2750f96972761b57bdc4f2657bc50bc0627dbd28742a383d7b2d6a7549","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.204","next":"us-tx/tex.-business-organizations-code-21.206"},"notice":"GroundRules: Original legal text. Not legal advice."}