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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 21.151: NUMBER OF AUTHORIZED SHARES.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 2. CORPORATIONS
  3. CHAPTER 21. FOR-PROFIT CORPORATIONS
  4. SUBCHAPTER D. SHARES, OPTIONS, AND CONVERTIBLE SECURITIES

A corporation may issue the number of authorized shares stated in the corporation's certificate of formation.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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