Creation and Operation of Corporation | Midpage

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Texas Statutes

Subchapter B

Creation and Operation of Corporation

501.051Authority to Create 501.052Nonmember, Nonstock Form of Corporation 501.053Corporation Nonprofit; Net Earnings 501.054General Powers, Privileges, and Functions 501.055Constituted Authority or Instrumentality 501.056Contents of Certificate of Formation 501.057Filing of Certificate of Formation and Delivery of Certificate Evidencing Filing 501.058Effect of Issuance of Certificate Evidencing Filing 501.059Corporate Seal 501.060May Sue and Be Sued 501.061CORPORATION'S ORGANIZATION NOT RESTRICTED 501.062Board of Directors 501.063Organizational Meeting 501.064Bylaws 501.065Officers 501.066Indemnification 501.067Insurance and Benefits 501.068Board Meetings; Notice of Meeting 501.069Waiver of Notice 501.070Action of Board; Quorum 501.071Action Without Meeting 501.072Open Meetings and Public Information 501.073Supervision by Authorizing Unit 501.074Purchasing 501.075Exemption from Taxation