What is the commercial code in Texas?

The Uniform Commercial Code allows a creditor, typically a financial institution or lender, to notify other creditors about a debtor's assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

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

Name: Utah Articles 5.11, 5.12 and 5.13 of Texas Business Corporation Act
Brand: US Legal Forms
Rating: 4.67 (357 reviews)

Category:

Corporations - Mergers and Acquisitions

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Multi-State

Control #:

US-CC-12-1358I

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Instant download

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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.

How to fill out Utah Articles 5.11, 5.12 And 5.13 Of Texas Business Corporation Act?

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Under Article 2.21 of the Texas Business Corporation Act (TBCA), for example, shareholders or affiliates cannot be held liable for a corporation's contractual obligations unless they caused the corporation to be used to perpetrate ?an actual fraud? primarily for the purpose of personal benefit?.

The TBOC is the codification of statutes governing most for-profit and non-profit entities in Texas that: Was enacted by the legislature in 2003 and extensively amended in 2005, Became effective on January 1, 2006, and. Completely replaced the prior law it amended and codified on January 1, 2010.

Action by Directors. (a) The act of a majority of the directors present at a meeting at which a quorum is present at the time of the act is the act of the board of directors of a corporation, unless the act of a greater number is required by the certificate of formation or bylaws of the corporation or by this code.

The BOC was enacted in 2003. It was effective as of January 1, 2006 though it provided a transition period during which some entities were governed by the BOC and others were governed by the statutes under which they were formed.

The Uniform Commercial Code allows a creditor, typically a financial institution or lender, to notify other creditors about a debtor's assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

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Check if the Form name you've found is state-specific and suits your needs. If the template features a Preview option, use it to review the sample. In case the ... ARTICLE 5.11. RIGHTS OF DISSENTING SHAREHOLDERS IN THE EVENT OF ... ARTICLE 5.12. PROCEDURE FOR DISSENT BY SHAREHOLDERS AS TO SAID CORPORATE ACTIONS · ARTICLE ...If the merger agreement is approved and the merger is completed, each share of EGL common stock (other than shares held directly or indirectly by CEVA Group Plc ... by JL Lebowitz · Cited by 31 — The statute stated that a corporation could restate its articles "by following the ... poration and Bylaws Under the Texas Business Corporation Act, in TEXAS ... Add the Articles 5.11, 5.12 and 5.13 of Texas Business Corporation Act for redacting. Click on the New Document button above, then drag and drop the file to ... What is the Texas Business Organizations Code (BOC)?. The BOC has taken the laws previously found in the following statutes and put them into a single code:. The Texas Business Organizations Code (BOC) has replaced the following statutes: Texas Business Corporation Act; Texas Non-Profit Corporation Act ... C providing that 'The pre-emptive rights of a shareholder to acquire unissued or treasury shares of a corporation may be limited or denied by the articles of ... by CW Huff · 1989 · Cited by 25 — As a result of this amendment, the law will not require shareholder approval of an asset disposition except where the corporation liquidates and ... The authorization granted by the division to file articles of incorporation under a corporate name or to reserve a name does not: (1) abrogate or limit the law ...

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

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How to fill out Utah Articles 5.11, 5.12 And 5.13 Of Texas Business Corporation Act?

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What is Article 2.21 of the Texas Business Corporation Act TBCA?

When was the Texas Business Organizations Code adopted?

What is Section 21.415 of the Texas business Organization Code?

When was the Texas business Organizations Code enacted?

What is the commercial code in Texas?

Interesting Questions

What does Article 5.11 of the Texas Business Corporation Act cover?

Can you explain the key points of Article 5.12 of the Texas Business Corporation Act?

What is the purpose of Article 5.13 of the Texas Business Corporation Act?

What are the main provisions regarding the issuance of shares under Article 5.11?

What are some important restrictions on the transfer and registration of shares as per Article 5.12?

What obligations and rights do corporations have regarding the maintenance and inspection of corporate books and records under Article 5.13?

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