Texas Business Organizations Code 10.053 – Plan of Exchange: Permissive Provisions
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Terms Used In Texas Business Organizations Code 10.053
- Interest exchange: means the acquisition of an ownership or membership interest in a domestic entity as provided by Subchapter Texas Business Organizations Code 1.002
- Plan of exchange: means a document that conforms with the requirements of § 10. See Texas Business Organizations Code 1.002
A plan of exchange may include any other provisions not required by § 10.052 relating to the interest exchange.