10.357 – WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP
Texas Business Organizations Code § 10.357
Summary
This law allows an owner to withdraw their request for payment of fair value for their ownership interest before certain actions occur, such as payment or filing a petition. It provides a mechanism for owners to change their minds about seeking payment under specific conditions.
Owners can withdraw demand before payment or petition filing.
Withdrawal requires consent from the responsible organization after certain conditions.
Protects organizations from unexpected withdrawal of demands.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's WITHDRAWAL OF DEMAND FOR FAIR VALUE OF OWNERSHIP law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.