HB1198 — Relating to companies in which employees have ownership interests through employee stock ownership plans.

HB1198 — Relating to companies in which employees have ownership interests through employee stock ownership plans. · Informed CitizenryHB 1198 amends the Business Organizations Code and Government Code to establish rules and support for employee stock ownership plans (ESOPs). The bill defines 'authorized persons' for professional…Open in Informed Citizenry