A corporation may issue the number of authorized shares stated in the corporation's certificate of formation.
Tex. Bus. Orgs. Code § 21.151
NUMBER OF AUTHORIZED SHARES
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.