{"data":{"id":"us-tx/tex.-business-organizations-code-21.722","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.722","heading":"EFFECT OF REQUIRED STATEMENT ON SHARE CERTIFICATE AND DELIVERY OF SHAREHOLDERS' AGREEMENT.","body":"If a certificate representing shares of a close corporation contains the statement required by Section 21.732, and a complete copy of each shareholders' agreement has been delivered as required by Section 21.717, each holder, transferee, or other person claiming an interest in the shares of the close corporation is conclusively presumed to have knowledge of a close corporation provision in effect at the time of the transfer.\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#21.722","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"3669f74bb019009e7aed9428dc2c23b600edc740598af6e62fc9f9dd6d666273","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.721","next":"us-tx/tex.-business-organizations-code-21.723"},"notice":"GroundRules: Original legal text. Not legal advice."}