Texas § 21.158 ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION.

Texas Statutes

§ 21.158 — ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION.

Texas § 21.158

Code BOBusiness Organizations Code

This text of Texas § 21.158 (ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION.) 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. § 21.158 (2026).

Text

Sec. 21.158. ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION.

(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.

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Sec. 21.158. ISSUANCE OF SHARES UNDER PLAN OF MERGER OR CONVERSION. (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.