- (a) The incorporators shall file the articles of incorporation in accordance with the general corporation laws of the state.
- (b) The incorporators shall file a certified copy of the articles with the department.
- (c) If the association is formed with capital stock, the incorporators are not required to obtain subscriptions or payment for any part of the association's capital stock as a prerequisite of filing the articles.
Acts 1981, 67th Leg., p. 1106, ch. 388, Sec. 1, eff. Sept. 1, 1981.