Tex. Bus. Org. Code § 200.107

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 200.107 - Amount of Consideration for Issuance of Shares With Par Value

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.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.