(a) A shareholder may waive a preemptive right granted to the shareholder.
(b) A written waiver of a preemptive right is irrevocable regardless of whether the waiver is supported by consideration.
Tex. Bus. Orgs. Code § 21.205
WAIVER OF PREEMPTIVE RIGHT
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.