Sec. 21.955. STOCK CERTIFICATES; NOTICES REGARDING UNCERTIFICATED STOCK. (a) A stock certificate issued by a public benefit corporation must note conspicuously that the corporation is a public benefit corporation governed by this subchapter.
(b) A notice sent to any person under Section 3.205 must state conspicuously that the corporation is a public benefit corporation governed by this subchapter.
Added by Acts 2017, 85th Leg., R.S., Ch. 776 (H.B. 3488), Sec. 4, eff. September 1, 2017.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 665 (S.B. 1971), Sec. 15, eff. September 1, 2019.
Structure Texas Statutes
Chapter 21 - For-Profit Corporations
Subchapter S. Public Benefit Corporations
Section 21.951. Law Applicable to Public Benefit Corporations; Formation
Section 21.953. Purpose of Public Benefit Corporation; Name of Corporation
Section 21.954. Certain Amendments, Mergers, Exchanges, and Conversions; Voter Approval Required
Section 21.955. Stock Certificates; Notices Regarding Uncertificated Stock
Section 21.956. Duties of Directors
Section 21.957. Periodic Statements