Texas Business Organizations Code

§ 21.601 — DEFINITIONS

BO § 21.601Title 2. CORPORATIONS · Ch. 21. FOR-PROFIT CORPORATIONS · Art. M. AFFILIATED BUSINESS COMBINATIONS

Statute text

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In this subchapter:

(1)"Issuing public corporation" means a domestic corporation that has:

(A)100 or more shareholders of record as shown by the share transfer records of the corporation;

(B)a class or series of the corporation's voting shares registered under the Securities Exchange Act of 1934 (15 U.S.C. Section 77b et seq.), as amended; or

(C)a class or series of the corporation's voting shares qualified for trading on a national securities exchange.

(2)"Person" includes two or more persons acting as a partnership, limited partnership, syndicate, or other group under an agreement, arrangement, or understanding, regardless of whether in writing, to acquire, hold, vote, or dispose of a corporation's shares.

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Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 30, eff. September 1, 2011.