{"data":{"id":"us-tx/tex.-business-organizations-code-21.158","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.158","heading":"ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION.","body":"(a) A converted corporation under a plan of conversion or a corporation created by a plan of merger may issue shares for consideration if authorized by the plan of conversion or plan of merger, as appropriate.\n(b) A corporation may issue shares in the manner provided by and for consideration specified under a plan of merger or plan of conversion.\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#21.158","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"0bd31bed4ed40bd467b6dca1cee447f99d094eabe6d39c8fb926a34ed0b1be28","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.157","next":"us-tx/tex.-business-organizations-code-21.159"},"notice":"GroundRules: Original legal text. Not legal advice."}