Honorable Helen Giddings, Chair, House Committee on Business & Industry
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2310 by Rose (Relating to service of process on certain business organizations.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Texas Business Corporation Act to include in the reasonable diligence for service of process, an officer, director, or manager of the entitity. The bill would be effective September 1, 2007.
Local Government Impact
No fiscal implication to units of local government is anticipated.