Tex. Gov't Code Section 4005.006
Stock Dividends


The exemption provided by Section 4005.001 (Scope of Exemption) applies to a distribution of securities by a corporation directly to the corporation’s stockholders as a stock dividend or other distribution paid out of earnings or surplus.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

Source: Section 4005.006 — Stock Dividends, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­4005.­htm#4005.­006 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 4005.006’s source at texas​.gov