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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) In this section, “complicit” has the meaning assigned by Section 2270.0051.
(b) For each company identified under Section 2270.0202 that has been complicit, the investing entity shall send a written notice informing the company of its listed company status and warning the company that it may become subject to divestment by the investing entity.
(c) The notice must require the listed company to refrain from taking any further action that would make it complicit.
(d) If, after receiving the notice under Subsection (b), the listed company takes additional action that makes the company complicit, the investing entity shall sell, redeem, divest, or withdraw all publicly traded securities of the company, except securities described by Section 2270.0207, according to the schedule provided by Section 2270.0206.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2270.0205. Actions Relating to Listed Company Complicit in Genocide - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2270-0205/
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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