Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 10.357 - Withdrawal of Demand for Fair Value of Ownership Interest(a) An owner may withdraw a demand for the payment of the fair value of an ownership interest made under Section 10.356 before:(1) payment for the ownership interest has been made under Sections 10.358 and 10.361; or(2) a petition has been filed under Section 10.361.(b) Unless the responsible organization consents to the withdrawal of the demand, an owner may not withdraw a demand for payment under Subsection (a) after either of the events specified in Subsections (a)(1) and (2).Tex. Bus. Org. Code § 10.357
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.