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Tex. Business Organizations Code § 21.504

This is the official text of Tex. Business Organizations Code § 21.504, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.

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§ 21.504. RESPONSIBILITY FOR WINDING UP.

Official statutory text

If a corporation determines or is required to wind up, the directors of the corporation shall manage the process of winding up the business or affairs of the corporation.

Status: in_force · Read it on the official government site

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