Sec. 21.701. DEFINITIONS. In this subchapter and Subchapter P: (1) "Close corporation" means a domestic corporation formed under this subchapter or governed by this subchapter because of Section 21.705 , 21.706 , or 21.707 . (2) "Close corporation provision" means a provision in the certificate of formation of a close corporation or in a shareholders' agreement of a close corporation. (3) "Ordinary corporation" means a domestic corporation that is not a close corporation. (4) "Shareholders' agreement" means a written agreement regulating an aspect of the business and affairs of or the relationship among the shareholders of a close corporation that has been executed under this subchapter.
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