Texas Business Organizations Code - Section 3.009. Supplemental Provisions Required In Certificate Of Formation Of Nonprofit Corporation
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§ 3.009. SUPPLEMENTAL PROVISIONS REQUIRED IN CERTIFICATE
OF FORMATION OF NONPROFIT CORPORATION. In addition to the
information required by Section 3.005, the certificate of formation
of a nonprofit corporation must include:
(1) if the nonprofit corporation is to have no
members, a statement to that effect;
(2) if management of the nonprofit corporation's
affairs is to be vested in the nonprofit corporation's members, a
statement to that effect;
(3) the number of directors constituting the initial
board of directors and the names and addresses of those directors
or, if the management of the nonprofit corporation is vested solely
in the nonprofit corporation's members, a statement to that effect;
and
(4) if the nonprofit corporation is to be authorized
on its winding up to distribute the nonprofit corporation's assets
in a manner other than as provided by Section 22.304, a statement
describing the manner of distribution.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 3.002 3.003 3.004 3.005 3.006 3.007 3.008 3.009 3.010 3.011 3.012 3.013 3.014 3.015 3.051
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Last modified: August 10, 2007
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