Texas Business Organizations Code 3.204 – Delivery Requirement
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Terms Used In Texas Business Organizations Code 3.204
- Certificated ownership interest: means an ownership interest of a domestic entity represented by a certificate issued in bearer or registered form. See Texas Business Organizations Code 1.002
- Domestic: means , with respect to an entity, that the entity is formed under this code or the entity's internal affairs are governed by this code. See Texas Business Organizations Code 1.002
- Entity: means a domestic entity or foreign entity. See Texas Business Organizations Code 1.002
A domestic entity shall deliver a certificate representing a certificated ownership interest to which the owner is entitled.