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Tex. Business Organizations Code § 21.158

ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION

Texas · Texas Business Organizations Code · Status: effective

Business & Commerce
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Tex. Business Organizations Code § 21.158, ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583433
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(a) A converted corporation under a plan of conversion or a corporation created by a plan of merger may issue shares for consideration if authorized by the plan of conversion or plan of merger, as appropriate. (b) A corporation may issue shares in the manner provided by and for consideration specified under a plan of merger or plan of conversion.