# Texas Business Organizations Code **Domain:** Corporate Law / State Infrastructure **Doc Type:** Legal Framework Node **Maturity:** Developed **Concept Hub:** [[wiki/Texas Corporate Sovereignty Stack|Texas Corporate Sovereignty Stack]] ## Definition The **Texas Business Organizations Code** is the state statutory framework governing the formation, internal affairs, filings, mergers, conversions, and termination of Texas business organizations. The [[wiki/Texas Secretary of State|Texas Secretary of State]] administers the associated business-filing layer but does not provide legal advice about the code. ## 2025 Corporate-Governance Changes Senate Bill 29 amended the code across governance, internal-entity claims, records demands, director and officer presumptions, and derivative proceedings. Its enacted provisions permit governing documents to select Texas courts as the exclusive forum for internal claims and to contain jury-trial waivers for those claims, subject to the statute's terms. Senate Bill 1057 created an opt-in framework for shareholder proposals at nationally listed corporations with a Texas principal office or a qualifying Texas-exchange listing. The statute sets ownership, holding-period, and solicitation requirements for companies that elect into it. ## Strategic Function The code is the law layer of the [[wiki/Texas Corporate Sovereignty Stack|Texas Corporate Sovereignty Stack]]. It becomes more consequential when paired with the [[wiki/Texas Business Court|specialist court]], [[wiki/Corporate Redomiciliation|redomiciliation pathway]], state registry, and Texas-organized securities venues. ## Key Insight **A corporate code becomes strategic infrastructure when entities can choose it and when courts, registries, and markets make that choice operational.** ## See Also [[wiki/Jurisdiction as Product|Jurisdiction as Product]] · [[wiki/Registry Sovereignty|Registry Sovereignty]] · [[wiki/Practical Sovereignty|Practical Sovereignty]] ## Primary Sources [Texas Legislature — SB 29 enrolled analysis](https://capitol.texas.gov/tlodocs/89R/analysis/html/SB00029F.htm) · [Texas Legislature — SB 1057 enrolled text](https://capitol.texas.gov/tlodocs/89R/billtext/html/SB01057F.HTM) · [Texas Secretary of State — Business Organizations Code FAQs](https://www.sos.state.tx.us/corp/bocfaqs.shtml)