Business Organizations Code § 21.226
A pledgee holding shares as collateral is not personally liable as a shareholder; the same exemption applies to executors, administrators, conservators, guardians, trustees, assignees for creditors, and receivers.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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Business Organizations Code § 21.226
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