Texas § 21.601 DEFINITIONS.

Texas Statutes

§ 21.601 — DEFINITIONS.

Texas § 21.601

Code BOBusiness Organizations Code

This text of Texas § 21.601 (DEFINITIONS.) 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. § 21.601 (2026).

Text

Sec. 21.601. DEFINITIONS. In this subchapter:

(1)"Issuing public corporation" means a domestic corporation that has:

(A)100 or more shareholders of record as shown by the share transfer records of the corporation;

(B)a class or series of the corporation's voting shares registered under the Securities Exchange Act of 1934 (15 U.S.C. Section 77b et seq.), as amended; or

(C)a class or series of the corporation's voting shares qualified for trading on a national securities exchange.

(2)"Person" includes two or more persons acting as a partnership, limited partnership, syndicate, or other group under an agreement, arrangement, or understanding, regardless of whether in writing, to acquire, hold, vote, or dispose of a corporation's shares.

(3)"Share acquisition date" means the date a perso

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Sec. 21.601. DEFINITIONS. In this subchapter:
(1) "Issuing public corporation" means a domestic corporation that has:
(A) 100 or more shareholders of record as shown by the share transfer records of the corporation;
(B) a class or series of the corporation's voting shares registered under the Securities Exchange Act of 1934 (15 U.S.C. Section 77b et seq.), as amended; or
(C) a class or series of the corporation's voting shares qualified for trading on a national securities exchange.
(2) "Person" includes two or more persons acting as a partnership, limited partnership, syndicate, or other group under an agreement, arrangement, or understanding, regardless of whether in writing, to acquire, hold, vote, or dispose of a corporation's shares.
(3) "Share acquisition date" means the date a person initially becomes an affiliated shareholder of an issuing public corporation.
(4) "Subsidiary" means a domestic or foreign corporation or other entity of which a majority of the outstanding voting shares are owned, directly or indirectly, by an issuing public corporation.
(5) "Voting share" means a share of capital stock of a corporation that entitles the holder of the share to vote generally in the election of directors.

Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748 ), Sec. 30, eff. September 1, 2011.