Tex. Bus. Orgs. Code § 200.107 · Subchapter C. SHARES
AMOUNT OF CONSIDERATION FOR ISSUANCE OF SHARES WITH PAR VALUE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Consideration to be received by a real estate investment trust for the issuance of shares with par value may not be less than the par value of the shares.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.200.htm
- Text hash
- sha256 71e6b446785fa3c15cd7095f7cfd96dc46c253f066b9688a135561e05e26a807
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.