Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 7. PROFESSIONAL ENTITIES |
Chapter 303. PROVISIONS RELATING TO PROFESSIONAL CORPORATIONS |
Sec. 303.003. NOTICE OF RESTRICTION ON TRANSFER OF SHARES
Latest version.
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Any restriction on the transfer of shares in a professional corporation that is imposed by the governing documents of the corporation or an applicable agreement must be:
(1) noted on each certificate representing the shares; or
(2) incorporated by reference in the manner provided by Chapter 21.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.