ABANDONMENT IF NO FILING REQUIRED.
Tex. BUS. ORGS Code § 10.203.
in effect(a) If no filing is required by this chapter for the abandonment of a merger, interest exchange, or conversion, the merger, interest exchange, or conversion is abandoned:
(1) as provided by the procedures in the plan of merger, exchange, or conversion; or
(2) if no abandonment procedures are provided by the plan, in the manner determined by the governing authority of the abandoning entity.
(b) A filing of a certificate of abandonment under Section 4.057 is not required for the abandonment of a merger, interest exchange, or conversion if no filing is required under Subchapter D to make the merger, interest exchange, or conversion effective.
Added by Acts 2005, 79th Leg., Ch. 64 (H.B. 1319 ), Sec. 38, eff. January 1, 2006.
SUBCHAPTER F. PROPERTY TRANSFERS AND DISPOSITIONS