While SB 21 progressed through the Delaware legislature, Texas Senate Bill 29, which proposes changes to the Business Organization Code, has been working its way through that state’s legislature. If passed, that bill would codify the business judgment rule, which presumes corporate leadership acts in good faith to make informed decisions in a company’s best interests.

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While SB 21 progressed through the Delaware legislature, Texas Senate Bill 29, which proposes changes to the Business Organization Code, has been working its way through that state’s legislature. If passed, that bill would codify the business judgment rule, which presumes corporate leadership acts in good faith to make informed decisions in a company’s best interests.

legal news

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