10.362 – COMPUTATION AND DETERMINATION OF FAIR VALUE OF
Texas Business Organizations Code § 10.362
Summary
This section outlines how to calculate the fair value of an ownership interest in a domestic entity when dissenters' rights are invoked. It specifies that the valuation should reflect the interest's worth just before the relevant action, excluding any changes in value due to anticipation of that action.
Fair value is determined before the relevant action occurs.
Excludes value changes due to anticipation of the action.
Applies to domestic entities with dissenters' rights.
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In simple terms: Learn about Texas's COMPUTATION AND DETERMINATION OF FAIR VALUE OF 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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