Key insight: Texas Capital failed once to win shareholder support to redomicile from Delaware to Texas, but its management team plans to try again. Texas Capital failed once to win shareholder support to redomicile from Delaware to Texas, but its management team plans to try again. Forward look: Texas Capital will re-engage with shareholders this year in hopes that it can convince them that reincorporating in Texas is in shareholders' best interests. The reforms in Texas, which took effect in May 2025, included amendments to the Texas Business Organizations Code. In a May 2026 article for The Texas Lawbook, Egan wrote that Texas is enticing because of the newly formed business court, the amended Texas Business Organizations Code and the favorable state tax structure.