Except as otherwise expressly provided by this title, all of the provisions of this code govern acts, contracts, or other transactions by an entity subject to this code or its managerial officials, owners, or members that occur on or after the mandatory application date. The prior law governs the acts, contracts, or transactions of the entity or its managerial officials, owners, or members that occur before the mandatory application date.
Tex. Bus. Orgs. Code § 402.006
APPLICABILITY TO CERTAIN ACTS, CONTRACTS, AND TRANSACTIONS
Applied in 1 court decision — leading case Beesley v. Hydrocarbon Separation, Inc. (2012)
Most recently applied in Beesley v. Hydrocarbon Separation, Inc. (January 2012)
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.