{"data":{"id":"us-tx/tex.-business-organizations-code-21.704","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.704","heading":"BYLAWS OF CLOSE CORPORATION.","body":"(a) A close corporation does not need to adopt bylaws if provisions required by law to be contained in the bylaws are contained in the certificate of formation or a shareholders' agreement.\n(b) A close corporation that does not have bylaws when it terminates its status as a close corporation under Section 21.708 shall immediately adopt bylaws that comply with Section 21.057.\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 O. CLOSE CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.704","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"f76848cf52830c23c8be1e54e7177cc0b9b62e4c81a4e721f8458aa4ea277613","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.703","next":"us-tx/tex.-business-organizations-code-21.705"},"notice":"GroundRules: Original legal text. Not legal advice."}