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2025 Texas Statutes
Business Organizations Code
Title 2 - Corporations
Chapter 21 - For-Profit Corporations
Subchapter G. Distributions and Share Dividends
- Section 21.301. Definitions
- Section 21.302. Authority for Distributions
- Section 21.303. Limitations on Distributions
- Section 21.304. Redemptions
- Section 21.305. Notice of Redemption
- Section 21.306. Deposit of Money for Redemption
- Section 21.307. Payment of Redeemed Shares
- Section 21.308. Priority of Distributions
- Section 21.309. Reserves, Designations, and Allocations From Surplus
- Section 21.310. Authority for Share Dividends
- Section 21.311. Limitations on Share Dividends
- Section 21.312. Value of Shares Issued as Share Dividends
- Section 21.313. Transfer of Surplus for Share Dividends
- Section 21.314. Determination of Solvency, Net Assets, Stated Capital, and Surplus
- Section 21.315. Date of Determination of Solvency, Net Assets, Stated Capital, and Surplus
- Section 21.316. Liability of Directors for Wrongful Distributions
- Section 21.317. Statute of Limitations on Action for Wrongful Distribution
- Section 21.318. Contribution From Certain Shareholders and Directors
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