Texas Statutes

§ 4001.063 — NO PAR VALUE; PAR VALUE.

Texas § 4001.063
JurisdictionTexas
Code GVGovernment Code

This text of Texas § 4001.063 (NO PAR VALUE; PAR VALUE.) 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. Government Code Code Ann. § 4001.063 (2026).

Text

Sec. 4001.063. NO PAR VALUE; PAR VALUE.

(a)"No par value" as applied to shares of stock or other securities means the securities are without a given or specified par value.
(b)For purposes of classifying or computing the par value of shares of stock or other securities of no par value, the amount for which the securities are sold or offered for sale to the public is used as a basis.

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Legislative History

Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 1.01, eff. January 1, 2022.

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15
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Bluebook (online)
Texas § 4001.063, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/4001.063.