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Texas Business Organizations Code - Section 21.202. Definition Of Shares

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§ 21.202. DEFINITION OF SHARES. In Sections 21.203-21.208, "shares" includes a security: (1) that is convertible into shares; or (2) that carries a right to subscribe for or acquire shares. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.

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Last modified: August 11, 2007