Texas § BO.21.165 - SUBSCRIPTIONS

Full text of Texas The Texas Constitution § BO.21.165 — SUBSCRIPTIONS, with citation guidance and answers to common questions.

§ BO.21.165. SUBSCRIPTIONS

SUBSCRIPTIONS. (a) A corporation may accept a subscription by notifying the subscriber in writing. (b) A subscription to purchase shares in a corporation in the process of being formed is irrevocable for six months if the subscription is in writing and signed by the subscriber, unless the subscription provides for a longer or shorter period or all of the other subscribers agree to the revocation of the subscription. (c) A written subscription entered into after the corporation is formed is a contract between the subscriber and the corporation. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

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Frequently Asked Questions About Texas § BO.21.165

What does The Texas Constitution § BO.21.165 cover?

Section BO.21.165 ("SUBSCRIPTIONS") 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.21.165?

A common citation format is "The Texas Constitution § BO.21.165" (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.21.165 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.