Texas Alcoholic Beverage Code 11.42 – Statement of Stock Ownership
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Terms Used In Texas Alcoholic Beverage Code 11.42
- Commission: means the Texas Alcoholic Beverage Commission. See Texas Alcoholic Beverage Code 1.04
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
The commission at any time may require an officer of a corporation holding a permit to file a sworn statement showing the actual owners of the stock of the corporation, the amount of stock owned by each, the officers of the corporation, and any information concerning the qualifications of the officers or stockholders.