Sec. 21.751. DEFINITIONS. In this subchapter: (1) "Court" means a district court in the county in which the principal office of the close corporation is located. (2) "Custodian" means a person appointed by a court under Section 21.761 . (3) "Provisional director" means a person appointed by a court under Section 21.758 . (4) "Shareholder" means a record or beneficial owner of shares in a close corporation, including: (A) a person holding a beneficial interest in the shares under an inter vivos, testamentary, or voting trust; or (B) the personal representative, as defined by the Estates Code, of a record or beneficial owner.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.