Sec. 303.003. NOTICE OF RESTRICTION ON TRANSFER OF SHARES. Any restriction on the transfer of shares in a professional corporation that is imposed by the governing documents of the corporation or an applicable agreement must be:
(1) noted on each certificate representing the shares; or
(2) incorporated by reference in the manner provided by Chapter 21.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Title 7 - Professional Entities
Chapter 303 - Provisions Relating to Professional Corporations
Section 303.001. Applicability of Certain Provisions Governing For-Profit Corporations
Section 303.002. Authority and Liability of Shareholder
Section 303.003. Notice of Restriction on Transfer of Shares
Section 303.004. Redemption of Shares; Price and Terms
Section 303.005. Existence of Professional Corporation Before Winding Up and Termination