Texas Civil Practice and Remedies Code 34.044 – Stock Shares Subject to Sale
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Terms Used In Texas Civil Practice and Remedies Code 34.044
- 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.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
Shares of stock in a corporation or joint-stock company that are owned by a defendant in execution may be sold on execution.