Sec. 21.202. DEFINITION OF SHARES    


Latest version.
  • In Sections 21.203-21.208, "shares" includes a security:

    (1) that is convertible into shares; or

    (2) that carries a right to subscribe for or acquire shares.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.