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Texas Business Organizations Code

§ 2.007 — ADDITIONAL PROHIBITED ACTIVITIES OF FOR-PROFIT CORPORATION

BO § 2.007Title 1. GENERAL PROVISIONS · Ch. 2. PURPOSES AND POWER OF DOMESTIC ENTITY · Art. A. PURPOSES OF DOMESTIC ENTITY

Statute text

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A for-profit corporation may not:
(1)operate a cooperative association, limited cooperative association, or labor union;
(2)transact a combination of the businesses of:
(A)raising cattle and owning land for the raising of cattle, other than operating and owning feedlots and feeding cattle; and
(B)operating stockyards and slaughtering, refrigerating, canning, curing, or packing meat;
(3)engage in a combination of:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 5, eff. September 1, 2007.

Source: Texas Business Organizations Code § 2.007 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.