Texas Agriculture Code 54.004 – Capital Stock Requirement for Incorporation
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Agriculture Code 54.004
- 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.
At the time of filing the articles of incorporation, a corporation formed under this chapter must have fully paid-up capital stock of $10,000 or more.