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2025 Texas Statutes
Business Organizations Code
Title 2 - Corporations
Chapter 21 - For-Profit Corporations
Subchapter E. Shareholder Rights and Restrictions
Section 21.202. Definition of Shares
Universal Citation:
TX Bus Orgs § 21.202 (2025)
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Sec. 21.202. DEFINITION OF SHARES. In Sections 21.203-21.208, "shares" includes a security:
(1) that is convertible into shares; or
(2) that carries a right to subscribe for or acquire shares.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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