81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84 Page: 20 of 64
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SB. No. 1442
an instrument authorized to be filed with the secretary of state
under this code, may issue:
(1) a certificate that evidences the filing of the
(2) a letter that acknowledges the filing of the
(3) a certificate that evidences the filing of the
instrument and a letter that acknowledges the filing of the
(d) This section and Sections 12.003 and 12.004 do not apply
to a'domestic real estate investment trust.
SECTION 27. Section 21.152, Business Organizations Code, is
amended by amending Subsections (a) and (c) and adding Subsection
(d) to read as follows:
(a) A corporation's certificate of formation may divide the
corporation's authorized shares into one or more classes and may
divide one or more classes into one or more series. If more than one
class or series of shares is authorized, the [1e] certificate of
formation must designate each class and series of authorized shares
to distinguish that class and series from any other class or series.
(c) Shares of the same class must be identical in all
respects' unless the shares have been divided into one or more
series. If the shares of a class have been divided into one or more
series, the shares may vary between series, but all shares of the
same series must [w-44] be identical in all respects.
(d) A corporation's certificate of formation must
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Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84, legislative document, May 20, 2009; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth310916/m1/20/: accessed May 25, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.