LIMITATIONS IN GOVERNING DOCUMENTS.

Tex. BUS. ORGS Code § 8.003.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A governing document of an enterprise may restrict the circumstances under which the enterprise must or may indemnify or may advance expenses to a person under this chapter.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

Starting a business in Texas? Texas LLC guide: costs and requirements