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Texas Business Organizations Code - BUS ORG § 21.225. Exceptions to Limitations

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Section 21.223 or 21.224 does not limit the obligation of a holder, beneficial owner, subscriber, or affiliate to the obligee of the corporation if that person:

(1) expressly assumes, guarantees, or agrees to be personally liable to the obligee for the obligation;  or

(2) is otherwise liable to the obligee for the obligation under this code or other applicable statute.

Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 21.225. Exceptions to Limitations - last updated April 14, 2021 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-21-225.html


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