10.305 – AFTER FINAL DECREE. This subchapter does not
Texas Business Organizations Code § 10.305
Summary
This law clarifies that certain provisions do not apply once a final decree is issued in a federal reorganization case. It affects entities undergoing reorganization under federal law, indicating that the state provisions are no longer relevant after this decree is entered.
Excludes state provisions after a final federal reorganization decree.
Court may retain limited jurisdiction post-decree.
Focuses on the completion of the reorganization plan.
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In simple terms: Learn about Texas's AFTER FINAL DECREE. This subchapter does not law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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