Texas Corporate Law · 10

Section 10 of 12

Texas corporate law across SMU CGI

Long-form source as of August 3, 2026

This page is the doctrinal foundations layer. The Initiative’s four other Texas-corporate-law properties carry the dataset, the case-law corpus, the weekly publication, and the Fortune-50 case study. Each is one click away.

Closing synthesis

Texas’s corporate-law architecture is not a normative claim about Delaware. It is a structural alternative: a unified entity code, an express Texas-first source rule, a statutory business-judgment-rule codification, a statutory derivative-standing threshold, a statutory forum-selection authority, a statutory jury-waiver authority, and a specialized adjudicatory layer composed of the Business Court and the Fifteenth Court of Appeals. What Delaware allocates to more than 230 years of Chancery doctrine, Texas allocates to a TBOC chapter, a Government Code chapter, and a 2025 reform cycle. The open question — on which SMU CGI takes no position — is whether statutory clarity can supply the predictability and legitimacy that Delaware historically produced through accumulated common-law depth. The Reincorporation Index measures adoption; the TBC Codex measures adjudication; this page measures architecture.

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