Texas § BO.21.215 - LIABILITY FOR DESIGNATING OWNER OF SHARES

Full text of Texas The Texas Constitution § BO.21.215 — LIABILITY FOR DESIGNATING OWNER OF SHARES, with citation guidance and answers to common questions.

§ BO.21.215. LIABILITY FOR DESIGNATING OWNER OF SHARES

LIABILITY FOR DESIGNATING OWNER OF SHARES. A corporation or an officer, director, employee, or agent of the corporation may not be held liable for considering the person who is registered as the owner of a share in the share transfer records of the corporation at a particular time to be the owner of the share at that time for a purpose described by Section 21.201 , regardless of whether the person possesses a certificate for that share. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § BO.21.215

What does The Texas Constitution § BO.21.215 cover?

Section BO.21.215 ("LIABILITY FOR DESIGNATING OWNER OF SHARES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § BO.21.215?

A common citation format is "The Texas Constitution § BO.21.215" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § BO.21.215 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.