Texas Legislators Unveil Sweeping Changes to Corporate Governance Laws, Paving the Way for Enhanced Flexibility and Liability Protections
Austin, Texas — The 2025 Texas legislative session has ushered in significant changes to corporate governance laws, resulting in a slew of amendments that will affect corporations across the state, including bank holding companies and various subsidiaries. Many of these modifications to the Texas Business Organizations Code (TBOC) took effect immediately, while others are set to be implemented on September 1, 2025. Three pivotal bills recently passed by lawmakers—the Senate Bill 29, Senate Bill 1057, and Senate Bill 2411—represent the most critical modifications to the state’s corporate law landscape. As a result, Texas entities could … Read more