Texas Statutes
§ 200.207 — VALUE OF SHARES ISSUED AS SHARE DIVIDENDS.
Texas § 200.207
JurisdictionTexas
Code BOBusiness Organizations Code
This text of Texas § 200.207 (VALUE OF SHARES ISSUED AS SHARE DIVIDENDS.) 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.
Bluebook
Tex. Business Organizations Code Code Ann. § 200.207 (2026).
Text
Sec. 200.207. VALUE OF SHARES ISSUED AS SHARE DIVIDENDS.
(a)A share dividend payable in authorized but unissued shares with par value shall be issued at the par value of the shares.
(b)A share dividend payable in authorized but unissued shares without par value shall be issued at the value set by the trust managers when the share dividend is authorized.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Nearby Sections
15
§ 200.001
DEFINITION.§ 200.002
APPLICABILITY OF CHAPTER.§ 200.003
CONFLICT WITH OTHER LAW.§ 200.004
ULTRA VIRES ACTS.§ 200.051
DECLARATION OF TRUST.§ 200.058
BYLAWS.§ 200.059
DUAL AUTHORITY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 200.207, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/200.207.