Sec. 431.027. EFFECT OF ISSUANCE OF CERTIFICATE OF INCORPORATION  


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  • (a) A corporation's existence begins when its certificate of incorporation is issued.

    (b) After the issuance of the certificate of incorporation, the incorporation may not be contested for any reason.

    (c) A certificate of incorporation is conclusive evidence that:

    (1) all conditions for incorporation required of the incorporators and the commission are satisfied; and

    (2) the corporation is incorporated under this chapter.

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