Florida Articles 5.11, 5.12 and 5.13 of Texas Business Corporation Act

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• Control #: US-CC-12-1358I
• Format: Word; Rich Text

Description

This is a sample of certain articles contained in the Texas Business Corp. Act, which may be used across the United States. These articles discuss appraisal rights provisions. Florida Articles 5.11, 5.12, and 5.13 of the Texas Business Corporation Act pertain to certain aspects and procedures of corporations registered in the state. While you mentioned "Florida" in the prompt, it seems like you are referring to these articles within the Texas Business Corporation Act, as they have no direct connection to the state of Florida. Below is a detailed description of Articles 5.11, 5.12, and 5.13 of the Texas Business Corporation Act, along with relevant keywords for each article: 1. Article 5.11: Article 5.11 of the Texas Business Corporation Act focuses on the authority and responsibilities of shareholders within a corporation. It outlines provisions related to the issuance of shares, including their form, transfer, and issuance price. This article also governs the determination of shareholder voting rights, restrictions on the transferability of shares, and other matters related to shareholders' meetings and actions. Keywords: Texas Business Corporation Act, corporation, shareholders, shares, issuance, transfer, voting rights, shareholder meetings, restrictions, actions. 2. Article 5.12: Article 5.12 of the Texas Business Corporation Act deals with the roles and functions of directors in a corporation. It establishes guidelines for the election, removal, and resignation of directors. This article also outlines the powers and duties of directors, including their ability to take certain actions on behalf of the corporation, provide indemnification, and establish committees. Keywords: Texas Business Corporation Act, corporation, directors, election, removal, resignation, powers, duties, actions, indemnification, committees. 3. Article 5.13: Article 5.13 of the Texas Business Corporation Act pertains to the various aspects of corporate officers. It outlines the positions that may exist within a corporation, such as president, secretary, treasurer, and other officers. This article also establishes their roles, appointment, removal, and the powers they possess. It further addresses the ability of corporations to indemnify officers and provides guidelines for officer liability. Keywords: Texas Business Corporation Act, corporation, officers, president, secretary, treasurer, appointment, removal, powers, indemnification, liability. Please note that these articles are specific to the Texas Business Corporation Act and not the Florida statutes or any connections to Florida.

Florida Articles 5.11, 5.12, and 5.13 of the Texas Business Corporation Act pertain to certain aspects and procedures of corporations registered in the state. While you mentioned "Florida" in the prompt, it seems like you are referring to these articles within the Texas Business Corporation Act, as they have no direct connection to the state of Florida. Below is a detailed description of Articles 5.11, 5.12, and 5.13 of the Texas Business Corporation Act, along with relevant keywords for each article: 1. Article 5.11: Article 5.11 of the Texas Business Corporation Act focuses on the authority and responsibilities of shareholders within a corporation. It outlines provisions related to the issuance of shares, including their form, transfer, and issuance price. This article also governs the determination of shareholder voting rights, restrictions on the transferability of shares, and other matters related to shareholders' meetings and actions. Keywords: Texas Business Corporation Act, corporation, shareholders, shares, issuance, transfer, voting rights, shareholder meetings, restrictions, actions. 2. Article 5.12: Article 5.12 of the Texas Business Corporation Act deals with the roles and functions of directors in a corporation. It establishes guidelines for the election, removal, and resignation of directors. This article also outlines the powers and duties of directors, including their ability to take certain actions on behalf of the corporation, provide indemnification, and establish committees. Keywords: Texas Business Corporation Act, corporation, directors, election, removal, resignation, powers, duties, actions, indemnification, committees. 3. Article 5.13: Article 5.13 of the Texas Business Corporation Act pertains to the various aspects of corporate officers. It outlines the positions that may exist within a corporation, such as president, secretary, treasurer, and other officers. This article also establishes their roles, appointment, removal, and the powers they possess. It further addresses the ability of corporations to indemnify officers and provides guidelines for officer liability. Keywords: Texas Business Corporation Act, corporation, officers, president, secretary, treasurer, appointment, removal, powers, indemnification, liability. Please note that these articles are specific to the Texas Business Corporation Act and not the Florida statutes or any connections to Florida.