Texas § 21.172 EXPENSES OF ORGANIZATION, REORGANIZATION, AND FINANCING OF CORPORATION.

Texas Statutes

§ 21.172 — EXPENSES OF ORGANIZATION, REORGANIZATION, AND FINANCING OF CORPORATION.

Texas § 21.172

Code BOBusiness Organizations Code

This text of Texas § 21.172 (EXPENSES OF ORGANIZATION, REORGANIZATION, AND FINANCING OF CORPORATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Tex. Business Organizations Code Code Ann. § 21.172 (2026).

Text

Sec. 21.172. EXPENSES OF ORGANIZATION, REORGANIZATION, AND FINANCING OF CORPORATION. A corporation may pay or authorize to be paid from the consideration received by the corporation as payment for the corporation's shares the reasonable charges and expenses of the organization or reorganization of the corporation and the sale or underwriting of the shares without rendering the shares not fully paid and nonassessable.

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Sec. 21.172. EXPENSES OF ORGANIZATION, REORGANIZATION, AND FINANCING OF CORPORATION. A corporation may pay or authorize to be paid from the consideration received by the corporation as payment for the corporation's shares the reasonable charges and expenses of the organization or reorganization of the corporation and the sale or underwriting of the shares without rendering the shares not fully paid and nonassessable.