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Tex. Bus. Orgs. Code § 21.317

STATUTE OF LIMITATIONS ON ACTION FOR WRONGFUL DISTRIBUTION

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff

An action may not be brought against a director of a corporation under Section 21.316 after the second anniversary of the date the alleged act giving rise to the liability occurred.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.