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