Texas § IN.823.202 - CONSIDERATION FOR ACQUISITION
Full text of Texas The Texas Constitution § IN.823.202 — CONSIDERATION FOR ACQUISITION, with citation guidance and answers to common questions.
§ IN.823.202. CONSIDERATION FOR ACQUISITION
CONSIDERATION FOR ACQUISITION. (a) A statement required under Section 823.154 must contain: (1) the source, nature, and amount of consideration for the acquisition of control; (2) a description of any transaction from which the consideration for the acquisition of control is obtained; and (3) the identity of each person providing the consideration. (b) On request of the person filing the statement, the identity of a commercial lender who in the ordinary course of business provides consideration for the acquisition is confidential. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.823.202
What does The Texas Constitution § IN.823.202 cover?
Section IN.823.202 ("CONSIDERATION FOR ACQUISITION") 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 § IN.823.202?
A common citation format is "The Texas Constitution § IN.823.202" (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 § IN.823.202 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.