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2025 Texas Statutes
Business Organizations Code
Title 2 - Corporations
Chapter 21 - For-Profit Corporations
Subchapter E. Shareholder Rights and Restrictions
Section 21.225. Exceptions to Limitations
Universal Citation:
TX Bus Orgs § 21.225 (2025)
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Sec. 21.225. EXCEPTIONS TO LIMITATIONS. Section 21.223 or 21.224 does not limit the obligation of a holder, beneficial owner, subscriber, or affiliate to the obligee of the corporation if that person:
(1) expressly assumes, guarantees, or agrees to be personally liable to the obligee for the obligation; or
(2) is otherwise liable to the obligee for the obligation under this code or other applicable statute.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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