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Tex. Bus. Orgs. Code § 4.054

DELAYED EFFECTIVENESS ON FUTURE EVENT OR FACT

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

A filing instrument that is to take effect on or after the occurrence of a future event or fact in accordance with Section 4.053(a)(2) and for which the statement required by Section 4.055 is filed within the prescribed time takes effect on:

(1) the date, or the date and time, at which the event or fact occurs or is waived; or

(2) the specified date, the specified date and time, or the passage of the specified period of time after the occurrence or waiver of the event or fact.

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