Texas Business Organizations Code 4.052 – Delayed Effectiveness of Certain Filings
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(a) Except as provided by § 4.058, a filing instrument may take effect after the time the instrument would otherwise take effect as provided by this code for the entity filing the instrument.
(b) If the effectiveness of a filing instrument is to be delayed as permitted by this section, the filing instrument may take effect:
(1) at a specified date;
(2) at a specified date and time;
(3) on the occurrence of a specified future event or fact, including an act of any person; or
(4) after the occurrence of a future event or fact, including the act of any person, at a specified date, at a specified date and time, or after the passage of a specified period of time.
Terms Used In Texas Business Organizations Code 4.052
- Entity: means a domestic entity or foreign entity. See Texas Business Organizations Code 1.002
- Filing instrument: means an instrument, document, consent, or statement that is required or authorized by this code to be filed by or for an entity with the filing officer in accordance with Chapter 4. See Texas Business Organizations Code 1.002
- Person: means an individual or a corporation, partnership, limited liability company, business trust, trust, association, or other organization, estate, government or governmental subdivision or agency, or other legal entity, or a protected series or registered series of a domestic limited liability company or foreign entity. See Texas Business Organizations Code 1.002