Texas Statutes
Chapter 21 - For-Profit Corporations
Subchapter L. Derivative Proceedings

Section 21.551. Definitions - Sec. 21.551. DEFINITIONS. In this subchapter: (1) "Derivative proceeding" means...

Section 21.552. Standing to Bring Proceeding - Sec. 21.552. STANDING TO BRING PROCEEDING. (a) Subject to Subsection...

Section 21.553. Demand - Sec. 21.553. DEMAND. (a) A shareholder may not institute a...

Section 21.554. Determination by Directors or Independent Persons - Sec. 21.554. DETERMINATION BY DIRECTORS OR INDEPENDENT PERSONS. (a) A...

Section 21.555. Stay of Proceeding - Sec. 21.555. STAY OF PROCEEDING. (a) If the corporation that...

Section 21.556. Discovery - Sec. 21.556. DISCOVERY. (a) If a corporation proposes to dismiss...

Section 21.557. Tolling of Statute of Limitations - Sec. 21.557. TOLLING OF STATUTE OF LIMITATIONS. A written demand...

Section 21.558. Dismissal of Derivative Proceeding - Sec. 21.558. DISMISSAL OF DERIVATIVE PROCEEDING. (a) A court, sitting...

Section 21.559. Allegations After Demand Rejected - Sec. 21.559. ALLEGATIONS AFTER DEMAND REJECTED. If a derivative proceeding...

Section 21.560. Discontinuance or Settlement - Sec. 21.560. DISCONTINUANCE OR SETTLEMENT. (a) A derivative proceeding may...

Section 21.561. Payment of Expenses - Sec. 21.561. PAYMENT OF EXPENSES. (a) In this section, "expenses"...

Section 21.562. Application to Foreign Corporations - Sec. 21.562. APPLICATION TO FOREIGN CORPORATIONS. (a) In a derivative...

Section 21.563. Closely Held Corporation - Sec. 21.563. CLOSELY HELD CORPORATION. (a) In this section, "closely...