{"data":{"id":"us-tx/tex.-business-organizations-code-402.007","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 402.007","heading":"INDEMNIFICATION.","body":"Chapter 8 governs any proposed indemnification by a domestic entity after the mandatory application date, regardless of whether the events on which the indemnification is based occurred before or after the mandatory application date. In a case in which indemnification is permitted but not required under Chapter 8, a provision relating to indemnification contained in the governing documents of a domestic entity on the mandatory application date that would otherwise have the effect of limiting the nature or type of indemnification permitted by Chapter 8 may not be construed after the mandatory application date as limiting the indemnification authorized by Chapter 8 unless the provision is intended to limit or restrict permissive indemnification under applicable law.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 104, eff. January 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 8. MISCELLANEOUS AND TRANSITION PROVISIONS","CHAPTER 402. MISCELLANEOUS AND TRANSITION PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.402.htm#402.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"e77b8c0574df36b0087c91df96eb8ef67fe8fa6f5ed1ff2f485566eb52368ce2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-402.006","next":"us-tx/tex.-business-organizations-code-402.008"},"notice":"GroundRules: Original legal text. Not legal advice."}