{"data":{"id":"us-tx/tex.-business-organizations-code-21.151","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.151","heading":"NUMBER OF AUTHORIZED SHARES.","body":"A corporation may issue the number of authorized shares stated in the corporation's certificate of formation.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 21. FOR-PROFIT CORPORATIONS","SUBCHAPTER D. SHARES, OPTIONS, AND CONVERTIBLE SECURITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"df8a796e54f7f485c9fa7c1c0e3a4d6a2a6999f4c064809a24a3cca75463cb56","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.110","next":"us-tx/tex.-business-organizations-code-21.152"},"notice":"GroundRules: Original legal text. Not legal advice."}