§ 21.251 Reduction of Stated Capital by Redemption or Purchase of Redeemable Shares
§ 21.252 Cancellation of Treasury Shares
§ 21.253 Procedures for Reduction of Stated Capital by Board of Directors
§ 21.254 Restriction On Reduction of Stated Capital
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Terms Used In Texas Business Organizations Code Chapter 21 > Subchapter F - Reductions in Stated Capital; Cancellation of Treasury Shares

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Certificate of formation: means :
    (A) the document required to be filed with the filing officer under Chapter 3 to form a filing entity; and
    (B) if appropriate, a restated certificate of formation and all amendments of an original or restated certificate of formation. See Texas Business Organizations Code 1.002
  • 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.
  • Corporation: means an entity governed as a corporation under Title 2 or 7. See Texas Business Organizations Code 1.002
  • Law: means , unless the context requires otherwise, both statutory and common law. See Texas Business Organizations Code 1.002
  • written: means an expression of words, letters, characters, numbers, symbols, figures, or other textual information that is inscribed on a tangible medium or that is stored in an electronic or other medium that is retrievable in a perceivable form. See Texas Business Organizations Code 1.002