{"data":{"id":"us-tx/tex.-government-code-4005.006","jurisdiction":"us-tx","citation":"Tex. Government Code § 4005.006","heading":"STOCK DIVIDENDS.","body":"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.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.","path":["GOVERNMENT CODE","TITLE 12. SECURITIES ACT","CHAPTER 4005. EXEMPTIONS","SUBCHAPTER A. EXEMPT TRANSACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4005.htm#4005.006","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"00b43fd0db773f41d55d221f40419925c7b66f67148a859415dfdd658d2f4a2d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-4005.005","next":"us-tx/tex.-government-code-4005.007"},"notice":"GroundRules: Original legal text. Not legal advice."}