Tex. Business Organizations Code § 2.115
This is the official text of Tex. Business Organizations Code § 2.115, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 2.115. CHOICE OF FORUM PROVISIONS.
Official statutory text
(a) In this section, "internal entity claim" means a claim of any nature, including a derivative claim in the right of an entity, that is based on, arises from, or relates to the internal affairs of the entity, as defined by Section 1.105.
(b) The governing documents of a domestic entity, consistent with applicable state and federal jurisdictional requirements, may require:
(1) that any internal entity claims shall be brought only in a court in this state; and
(2) that one or more courts in this state having jurisdiction shall serve as the exclusive forum and venue for any internal entity claims.
(b) The governing documents of a domestic entity, consistent with applicable state and federal jurisdictional requirements, may require:
(1) that any internal entity claims shall be brought only in a court in this state; and
(2) that one or more courts in this state having jurisdiction shall serve as the exclusive forum and venue for any internal entity claims.
Status: in_force · Read it on the official government site
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