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Texas Business Organizations Code

§ 252.003 — TERRITORIAL APPLICATION

BO § 252.003Title 6. ASSOCIATIONS · Ch. 252. UNINCORPORATED NONPROFIT ASSOCIATIONS

Statute text

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Real and personal property in this state may be acquired, held, encumbered, and transferred by a nonprofit association, regardless of whether the nonprofit association or a member has any other relationship to this state.

Legislative history

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

Source: Texas Business Organizations Code § 252.003 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.