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

Tex. Government Code § 4005.006: STOCK DIVIDENDS.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 12. SECURITIES ACT
  3. CHAPTER 4005. EXEMPTIONS
  4. SUBCHAPTER A. EXEMPT TRANSACTIONS

The exemption provided by Section 4005.001 applies to a distribution of securities by a corporation directly to the corporation's stockholders as a stock dividend or other distribution paid out of earnings or surplus.

Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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