Texas Business Organizations Code 4.054 – Delayed Effectiveness On Future Event or Fact
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Terms Used In Texas Business Organizations Code 4.054
- 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
A filing instrument that is to take effect on or after the occurrence of a future event or fact in accordance with § 4.053(a)(2) and for which the statement required by § 4.055 is filed within the prescribed time takes effect on:
(1) the date, or the date and time, at which the event or fact occurs or is waived; or
(2) the specified date, the specified date and time, or the passage of the specified period of time after the occurrence or waiver of the event or fact.