LegalFix

Section 4.052. Delayed Effectiveness of Certain Filings

TX Bus Orgs § 4.052 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 4.052. DELAYED EFFECTIVENESS OF CERTAIN FILINGS. (a) Except as provided by Section 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.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Amended by:

Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 4, eff. September 1, 2019.