Two of the bills passed by the Texas Legislature in its 2013 Regular Session and signed by Governor Perry (Senate Bills 847 and 849) amend various provisions of the Texas Business Organizations Code (the “TBOC”). Both of the bills were sponsored by the Texas Business Law Foundation. The amendments will be effective as of September 1, 2013.
In summary, the amendments to the TBOC in Senate Bill 847:
• Simplify a restated certificate of formation that contains a new amendment by deleting Section 3.059(d) of the TBOC and its requirement to identify by reference or description each added, altered, or deleted provision of the certificate of formation.
Related Insights
29 April 2024
Labor & Employment Law Perspectives
DOL Increases Compensation Threshold for Exempt Employees
Starting July 1, 2024, employers must satisfy a higher salary threshold in order to consider employees as exempt from Fair Labor Standards Act overtime rules.
29 April 2024
Labor & Employment Law Perspectives
PWFA Final Rule is Now Published — It Takes Effect June 18, 2024
On April 15, 2024, the Equal Employment Opportunity Commission published a final rule to implement the Pregnant Workers Fairness Act (PWFA)
29 April 2024
Health Care Law Today
2024 Health Care & Life Sciences Top Trends
Foley & Lardner’s 2024 Health Care & Life Sciences Top Trends publication unpacks fast-moving developments to help your business.