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Texas Transportation Code

§ 431.025 — ARTICLES OF INCORPORATION

TN § 431.025Title 6. ROADWAYS · Part I. TRANSPORTATION CORPORATIONS · Ch. 431. TEXAS TRANSPORTATION CORPORATION ACT · Art. B. CREATION AND OPERATION OF CORPORATION

Statute text

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The articles of incorporation must state:
(1)the name of the corporation;
(2)that the corporation is a nonprofit corporation;
(3)the duration of the corporation;
(4)the specific purpose for which the corporation is organized on behalf of the commission;
(5)that the corporation does not have any members and is a nonstock corporation;

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.