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Current as of January 01, 2024 | Updated by Findlaw Staff
Subject to this code and other laws of this state and except as provided by Subchapter C, Chapter 1, 1 in any matter that affects the transaction of intrastate business in this state, a foreign entity and each member, owner, or managerial official of the entity is subject to the same duties, restrictions, penalties, and liabilities imposed on a domestic entity to which it most closely corresponds or on a member, owner, or managerial official of that domestic entity.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 9.203. Obligations and Liabilities - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-9-203/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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