- (a) Acceptable organizational identifiers are set forth in §§5.054 - 5.059 of the Texas Business Organizations Code.
(b) The following words, when used alone, do not satisfy the statutory requirements for organizational identifiers:
- (1) "companies," "corporations," "incorporation," and "unlimited;"
- (2) "limited partnerships;" and
- (3) "limited" or "company," to identify a limited liability company.
- (c) A nonprofit corporation may omit an organizational identifier, but may not solely have an organizational identifier which is not consistent with §5.054 of the Texas Business Organizations Code.
- (d) The words "public benefit corporation," the abbreviation "P.B.C.," or the designation "PBC" may be used as the words of organization for a domestic public benefit corporation.
Source Note:The provisions of this §79.37 adopted to be effective June 1, 2018, 43 TexReg 3341.