Sec. 431.025. ARTICLES OF INCORPORATION  


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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;

    (6) the street address of the corporation's initial registered office and the name of its initial registered agent at that address;

    (7) the number of directors of the initial board and the name and address of each director;

    (8) the name and street address of each incorporator;

    (9) any provision for the regulation of the internal affairs of the corporation, including any provision required or permitted by this chapter to be in the bylaws; and

    (10) that the commission has:

    (A) by resolution specifically authorized the corporation to act on its behalf to further the public purpose stated in the resolution and in the articles of incorporation; and

    (B) approved the articles of incorporation.

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