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Tex. Bus. Orgs. Code § 21.557

TOLLING OF STATUTE OF LIMITATIONS

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

A written demand filed with the corporation under Section 21.553 tolls the statute of limitations on the claim on which demand is made until the later of:

(1) the 31st day after the expiration of any waiting period under Section 21.553; or

(2) the 31st day after the expiration of any stay granted under Section 21.555, including all continuations of the stay.

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