Sec. 10.368. EXCLUSIVITY OF REMEDY OF DISSENT AND APPRAISAL. In the absence of fraud in the transaction, any right of an owner of an ownership interest to dissent from an action and obtain the fair value of the ownership interest under this subchapter is the exclusive remedy for recovery of:
(1) the value of the ownership interest; or
(2) money damages to the owner with respect to the action.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 59, eff. September 1, 2007.
Structure Texas Statutes
Chapter 10 - Mergers, Interest Exchanges, Conversions, and Sales of Assets
Subchapter H. Rights of Dissenting Owners
Section 10.351. Applicability of Subchapter
Section 10.353. Form and Validity of Notice
Section 10.354. Rights of Dissent and Appraisal
Section 10.355. Notice of Right of Dissent and Appraisal
Section 10.357. Withdrawal of Demand for Fair Value of Ownership Interest
Section 10.359. Record of Demand for Fair Value of Ownership Interest
Section 10.360. Rights of Transferee of Certain Ownership Interest
Section 10.362. Computation and Determination of Fair Value of Ownership Interest
Section 10.363. Powers and Duties of Appraiser; Appraisal Procedures
Section 10.364. Objection to Appraisal; Hearing
Section 10.365. Court Costs; Compensation for Appraiser
Section 10.366. Status of Ownership Interest Held or Formerly Held by Dissenting Owner
Section 10.367. Rights of Owners Following Termination of Right of Dissent
Section 10.368. Exclusivity of Remedy of Dissent and Appraisal