Tex. Business Organizations Code § 21.221
This is the official text of Tex. Business Organizations Code § 21.221, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 21.221. PENALTY FOR FAILURE TO PROVIDE NOTICE OF MEETING.
Official statutory text
If an officer or agent of a corporation is unable to comply with the duties prescribed by Sections 21.354 and 21.372 because the officer or agent did not receive notice of a meeting of shareholders within a sufficient time before the date of the meeting, the corporation, rather than the officer or agent, is liable to a shareholder who suffers damages because of the failure for the extent of the damage caused by the failure.
Status: in_force · Read it on the official government site
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