Texas § CP.98.0025 - SHAREHOLDER AND MEMBER LIABILITY
Full text of Texas The Texas Constitution § CP.98.0025 — SHAREHOLDER AND MEMBER LIABILITY, with citation guidance and answers to common questions.
§ CP.98.0025. SHAREHOLDER AND MEMBER LIABILITY
SHAREHOLDER AND MEMBER LIABILITY. (a) This section applies to a legal entity governed by Title 2, 3, or 7, Business Organizations Code. (b) Notwithstanding any provision of the Business Organizations Code, if a legal entity described by Subsection (a) is liable under Section 98.002 , a shareholder or member of that entity is jointly and severally liable with the entity to the person trafficked for damages arising from the trafficking of that person if the person demonstrates that the shareholder or member caused the entity to be used for the purpose of trafficking that person and did traffic that person for the direct personal benefit of the shareholder or member. Added by Acts 2015, 84th Leg., R.S., Ch. 283 (H.B. 968 ), Sec. 1, eff. June 1, 2015.
Frequently Asked Questions About Texas § CP.98.0025
What does The Texas Constitution § CP.98.0025 cover?
Section CP.98.0025 ("SHAREHOLDER AND MEMBER LIABILITY") 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 § CP.98.0025?
A common citation format is "The Texas Constitution § CP.98.0025" (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 § CP.98.0025 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.