Texas Business Organizations Code - Section 10.102. Conversion Of Non-Code Organizations
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Texas Laws > Business Organizations Code > Texas Business Organizations Code - Section 10.102. Conversion Of Non-Code Organizations
Section: 10.051 10.052 10.053 10.054 10.055 10.056 10.101 10.102 10.103 10.104 10.105 10.106 10.107 10.108 10.151
§ 10.102. CONVERSION OF NON-CODE ORGANIZATIONS. (a) A
non-code organization may convert into a domestic entity by
adopting a plan of conversion as provided by this section.
(b) To effect a conversion, the non-code organization must
take any action that may be required for a conversion under the laws
of the organization's jurisdiction of formation and the
organization's governing documents.
(c) The conversion must be permitted by the laws under which
the non-code organization is incorporated or organized or by its
governing documents, which may not be inconsistent with the laws of
the jurisdiction in which the non-code organization is incorporated
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Last modified: August 11, 2007