ALLEGATIONS AFTER DEMAND REJECTED.

Tex. BUS. ORGS Code § 21.559.
in effect
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If a derivative proceeding is instituted after a demand is rejected, the petition must allege with particularity facts that establish that the rejection was not made in accordance with the requirements and standards under Sections 21.554 and 21.558 .
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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