Examlex
Under the Texas Penal Code,a person who fails to act under particular circumstances commits a criminal offense only if:
Privately Held Corporation
A corporation that has only a few stockholders and whose stock is not available for sale to the general public.
Retained Earnings
The portion of a company's net income that is not distributed as dividends to shareholders but retained for reinvestment in the business or to pay off debt.
Paid-In Capital
The amount of money that a company receives from shareholders in exchange for shares of stock, exceeding the par value of the shares.
Drawings
Withdrawal of cash or other assets from an unincorporated business for the personal use of the owner(s).
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