Texas § BO.21.156 - ACTIONS WITH RESPECT TO SERIES OF SHARES
Full text of Texas The Texas Constitution § BO.21.156 — ACTIONS WITH RESPECT TO SERIES OF SHARES, with citation guidance and answers to common questions.
§ BO.21.156. ACTIONS WITH RESPECT TO SERIES OF SHARES
ACTIONS WITH RESPECT TO SERIES OF SHARES. (a) To effect an action authorized under Section 21.155 , the corporation must file with the secretary of state a statement that contains: (1) the name of the corporation; (2) if the statement relates to the establishment of a series of shares, a copy of the resolution establishing and designating the series and setting and determining the designations, preferences, limitations, and relative rights of the series; (3) if the statement relates to an increase or decrease in the number of shares of a series, a copy of the resolution setting and determining the new number of shares of each series in which the number of shares is increased or decreased; (4) if the statement relates to the deletion of a series of shares and all references to the series from the certificate of formation, a copy of the resolution deleting the series and all references to the series from the certificate of formation; (5) if the statement relates to the amendment of designations, preferences, limitations, or relative rights of shares of a series that was previously established by resolution of the board of directors, a copy of the resolution in which the amendment is specified; (6) the date of the adoption of the resolution; and (7) a statement that the resolution was adopted by all necessary action on the part of the corporation. (b) On the filing of a statement described by Subsection (a), the following resolutions will become an amendment of the certificate of formation, as appropriate: (1) the resolution establishing and designating the series and setting and determining the designations, preferences, limitations, and relative rights of the series; (2) the resolution setting the new number of shares of each series in which the number of shares is increased or decreased; (3) the resolution deleting a series and all references to the series from the certificate of formation; or (4) the resolution amending the designations, preferences, limitations, and relative rights of a series. (c) An amendment of the certificate of formation under this section is not subject to the procedure to amend the certificate of formation contained in Subchapter B. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.21.156
What does The Texas Constitution § BO.21.156 cover?
Section BO.21.156 ("ACTIONS WITH RESPECT TO SERIES OF SHARES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § BO.21.156?
A common citation format is "The Texas Constitution § BO.21.156" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BO.21.156 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.