81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84 Page: 1 of 64
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Chapter 84
S.B. No. 1442
AN ACT
relating to business entities and associations.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1.002, Business Organizations Code, is
amended by amending Subdivisions (10), (11), (12), and (81) and
adding Subdivisions (56-a) and (56-b) to read as follows:
(10) "Conversion" means:
(A) the continuance of a domestic entity as a
non-code organization [be*ege-eab1) of any type;
(B) the continuance of a non-code organization
[f-oeign e-tit-] as a domestic entity of any type; [fe]
(C) the continuance of a domestic entity of one
type, ah a domestic entity of another type1
(D) the continuance of a domestic entity of one
type as a foreign entity of the same type that may be treated as a
domestication, continuance, or transfer transaction under the laws
of the jurisdiction of formation of the foreign entity; or
(E) the continuance of a foreign entity of one
type as a domestic entity of the same type that may be treated as a
domestication, continuance, or transfer transaction under the laws
of the jurisdiction of formation of the foreign entity.
(11) "Converted entity" means an organization
[et]4iy) resulting from a conversion.
(12) "Converting entity" means an organization----- urrru.ri~~urt~6~*ujlr~rci-*2uur~*n;:
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Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84, legislative document, May 20, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth310916/m1/1/?rotate=90: accessed April 23, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.