Texas Business Organizations Code 1.054 – Reservation of Power
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Terms Used In Texas Business Organizations Code 1.054
- Entity: means a domestic entity or foreign entity. See Texas Business Organizations Code 1.002
The legislature at all times has the power to amend, repeal, or modify this code and to prescribe regulations, provisions, and limitations as the legislature considers advisable. The regulations, provisions, and limitations are binding on any entity subject to this code.