{"data":{"id":"us-tx/tex.-business-organizations-code-21.202","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.202","heading":"DEFINITION OF SHARES.","body":"In Sections 21.203-21.208, \"shares\" includes a security:\n(1) that is convertible into shares; or\n(2) that carries a right to subscribe for or acquire shares.\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 E. SHAREHOLDER RIGHTS AND RESTRICTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"6434b8f89210426e38073f293d6d228ad260dbc95d09a8b456013ceb3e3588a1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.201","next":"us-tx/tex.-business-organizations-code-21.203"},"notice":"GroundRules: Original legal text. Not legal advice."}
