Texas Statutes

§ 21.310 — AUTHORITY FOR SHARE DIVIDENDS.

Texas § 21.310
JurisdictionTexas
Code BOBusiness Organizations Code

This text of Texas § 21.310 (AUTHORITY FOR 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. § 21.310 (2026).

Text

Sec. 21.310. AUTHORITY FOR SHARE DIVIDENDS. The board of directors of a corporation may authorize a share dividend and the corporation may pay a share dividend subject to Section 21.311 and any restriction in its certificate of formation.

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Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Nearby Sections

15
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Bluebook (online)
Texas § 21.310, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/21.310.