Texas Business Organizations Code

§ 2.002 — PURPOSES OF NONPROFIT ENTITY

BO § 2.002Title 1. GENERAL PROVISIONS · Ch. 2. PURPOSES AND POWER OF DOMESTIC ENTITY · Art. A. PURPOSES OF DOMESTIC ENTITY

Statute text

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The purpose or purposes of a domestic nonprofit entity may include one or more of the following purposes:

(1)serving charitable, benevolent, religious, eleemosynary, patriotic, civic, missionary, educational, scientific, social, fraternal, athletic, aesthetic, agricultural, and horticultural purposes;

(2)operating or managing a professional, commercial, or trade association or labor union;

(3)providing animal husbandry; or

(4)operating on a nonprofit cooperative basis for the benefit of its members.

Legislative history

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.