Texas Codes > Business Organizations Code > Title 2 > Chapter 21 > Subchapter O > § 21.703 Texas Business Organizations Code 21.703 – Formation of Close Corporation Current as of: 2024 | Check for updates | Other versions Ask a business law question, get an answer ASAP!Thousands of highly rated, verified business lawyers.Click here to chat with a lawyer about your rights. A close corporation shall be formed in accordance with Chapter 3. Previous sectionNext section Subchapter O Contents