Texas § LG.501.407 - TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION
Full text of Texas The Texas Constitution § LG.501.407 — TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION, with citation guidance and answers to common questions.
§ LG.501.407. TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION
TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION. On approval of the governing bodies of each unit and corporation involved, a corporation that is not a Type A corporation may transfer all of the corporation's assets to a Type A corporation and terminate its existence as provided by this subtitle. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009. SUBCHAPTER J. HURRICANE IKE DISASTER RELIEF
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LG.501.407
What does The Texas Constitution § LG.501.407 cover?
Section LG.501.407 ("TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION") 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 § LG.501.407?
A common citation format is "The Texas Constitution § LG.501.407" (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 § LG.501.407 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.