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  12. Subchapter D. Shareholder Rights and Restrictions


Subchapter D. Shareholder Rights and Restrictions


  • Section 200.151. Registered Holders as Owners
  • Section 200.152. No Statutory Preemptive Right Unless Specifically Provided by Certificate of Formation
  • Section 200.153. Characterization and Transfer of Shares and Other Securities
  • Section 200.154. Restriction on Transfer of Shares and Other Securities
  • Section 200.155. Valid Restriction on Transfer
  • Section 200.156. Bylaw or Agreement Restricting Transfer of Shares or Other Securities
  • Section 200.157. Enforceability of Restriction on Transfer of Certain Securities
  • Section 200.158. Joint Ownership of Shares
  • Section 200.159. Liability for Designating Owner of Shares
  • Section 200.160. Liability Regarding Joint Ownership of Shares
  • Section 200.161. Limitation of Liability for Obligations
  • Section 200.162. Preemption of Liability
  • Section 200.163. Exceptions to Limitations
  • Section 200.164. Pledgees and Trust Administrators
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