Texas Business Organizations Code - Section 2.007. Additional Prohibited Activities Of For-Profit Corporation
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§ 2.007. ADDITIONAL PROHIBITED ACTIVITIES OF FOR-PROFIT
CORPORATION. A for-profit corporation may not:
(1) operate a cooperative association, limited
cooperative association, or labor union;
(2) transact a combination of the businesses of:
(A) raising cattle and owning land for the
raising of cattle, other than operating and owning feedlots and
feeding cattle; and
(B) operating stockyards and slaughtering,
refrigerating, canning, curing, or packing meat; or
(3) engage in a combination of:
(A) the petroleum oil producing business in this
state; and
(B) the oil pipeline business in this state other
than through stock ownership in a for-profit corporation engaged in
the oil pipeline business and other than the ownership or operation
of private pipelines in and about the corporation's refineries,
fields, or stations.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 1.106 2.001 2.002 2.003 2.004 2.005 2.006 2.007 2.008 2.009 2.010 2.011 2.012 2.101 2.102
Last modified: August 11, 2007
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