Sec. 4.054. DELAYED EFFECTIVENESS ON FUTURE EVENT OR FACT. A filing instrument that is to take effect on or after the occurrence of a future event or fact in accordance with Section 4.053(a)(2) and for which the statement required by Section 4.055 is filed within the prescribed time takes effect on:
(1) the date, or the date and time, at which the event or fact occurs or is waived; or
(2) the specified date, the specified date and time, or the passage of the specified period of time after the occurrence or waiver of the event or fact.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 4, eff. September 1, 2019.
Structure Texas Statutes
Subchapter B. When Filings Take Effect
Section 4.052. Delayed Effectiveness of Certain Filings
Section 4.053. Conditions for Delayed Effectiveness
Section 4.054. Delayed Effectiveness on Future Event or Fact
Section 4.055. Statement of Event or Fact
Section 4.056. Failure to File Statement
Section 4.057. Abandonment Before Effectiveness
Section 4.058. Delayed Effectiveness Not Permitted
Section 4.059. Acknowledgment of Filing With Delayed Effectiveness