{"data":{"id":"us-tx/tex.-business-organizations-code-21.221","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.221","heading":"PENALTY FOR FAILURE TO PROVIDE NOTICE OF MEETING.","body":"If an officer or agent of a corporation is unable to comply with the duties prescribed by Sections 21.354 and 21.372 because the officer or agent did not receive notice of a meeting of shareholders within a sufficient time before the date of the meeting, the corporation, rather than the officer or agent, is liable to a shareholder who suffers damages because of the failure for the extent of the damage caused by the failure.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 73, eff. September 1, 2007.","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#21.221","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"44b85de807a998ab3df0f75d9fed5e6e7941d768f607222070de32d8cef49b56","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.220","next":"us-tx/tex.-business-organizations-code-21.222"},"notice":"GroundRules: Original legal text. Not legal advice."}