Texas § BO.21.717 - DELIVERY OF SHAREHOLDERS' AGREEMENT
Full text of Texas The Texas Constitution § BO.21.717 — DELIVERY OF SHAREHOLDERS' AGREEMENT, with citation guidance and answers to common questions.
§ BO.21.717. DELIVERY OF SHAREHOLDERS' AGREEMENT
DELIVERY OF SHAREHOLDERS' AGREEMENT. (a) The close corporation shall deliver a complete copy of a shareholders' agreement to: (1) each person who is bound by the shareholders' agreement; (2) each person who is or will become a shareholder in the close corporation as provided by Section 21.715 when a certificate representing shares in the close corporation is delivered to the person; and (3) each person to whom a certificate representing shares is issued and who has not received a complete copy of the agreement. (b) The failure to deliver a complete copy of a shareholders' agreement as required by this section does not affect the validity or enforceability of the shareholders' agreement. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.21.717
What does The Texas Constitution § BO.21.717 cover?
Section BO.21.717 ("DELIVERY OF SHAREHOLDERS' AGREEMENT") 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.21.717?
A common citation format is "The Texas Constitution § BO.21.717" (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.21.717 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.