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Texas Business Corporation Act - Article 5.08. Conveyance By Corporation

Legal Research Home > Texas Lawyer > Business Corporation Act > Texas Business Corporation Act - Article 5.08. Conveyance By Corporation

Art. 5.08. Conveyance by Corporation A. Any corporation may convey land by deed, with or without the seal of the corporation, signed by an officer or attorney in fact of the corporation when authorized by appropriate resolution of the board of directors. Such deed, when acknowledged by such officer or attorney in fact to be the act of the corporation, or proved in the manner prescribed for other conveyances of lands, may be recorded in like manner and with the same effect as other deeds. Any such deed when recorded, if signed by an officer of the corporation, shall constitute prima facie evidence that such resolution of the board of directors was duly adopted. Acts 1955, 54th Leg., p. 239, ch. 64, eff. Sept. 6, 1955. Amended by Acts 1989, 71st Leg., ch. 801, Sec. 33, eff. Aug. 28, 1989.

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Last modified: August 10, 2007