Texas Business Organizations Code
§ 3.202 — FORM AND VALIDITY OF CERTIFICATES; ENFORCEMENT OF ENTITY'S RIGHTS
BO § 3.202Title 1. GENERAL PROVISIONS · Ch. 3. FORMATION AND GOVERNANCE · Art. E. CERTIFICATES REPRESENTING OWNERSHIP INTEREST
Statute text
View on source(a)A certificate representing the ownership interest in a domestic entity may contain an impression of the seal of the entity, if any. A facsimile of the entity's seal may be printed or lithographed on the certificate.
(b)If a domestic entity is authorized to issue ownership interests of more than one class or series, each certificate representing ownership interests that is issued by the entity must conspicuously state on the front or back of the certificate:
(1)the designations, preferences, limitations, and relative rights of the ownership interests of each class or series to the extent they have been determined and the authority of the governing authority to make those determinations as to subsequent series; or
(2)that the information required by Subdivision (1) is stated in the domestic entity's governing documents and that the domestic entity, on written request to the entity's principal place of business or registered office, will provide a free copy of that information to the record holder of the certificate.
(c)A certificate representing ownership interests must state on the front of the certificate:
(1)that the domestic entity is organized under the laws of this state;
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Legislative history
Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442), Sec. 3, eff. September 1, 2009.