Texas Education Code - Section 57.22. Application Of The Texas Non-Profit Corporation Act.
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§ 57.22. APPLICATION OF THE TEXAS NON-PROFIT CORPORATION
ACT. . (a) The corporation is subject to the Texas Non-Profit
Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil
Statutes), except that:
(1) the corporation may not make donations for the
public welfare or for charitable or scientific purposes or in aid of
war activities;
(2) the corporation is not required to file articles
of incorporation;
(3) the corporation is not subject to voluntary or
involuntary dissolution;
(4) the corporation may not be placed in receivership;
and
(5) the corporation is not required to make reports to
the secretary of state under Article 9.01 of that Act.
(b) Subsection (a)(1) does not prohibit the corporation
from supporting educational purposes under Section 57.211.
Added by Acts 1979, 66th Leg., p. 1711, ch. 706, § 1, eff. Aug.
27, 1979. Amended by Acts 1995, 74th Leg., ch. 238, § 1, eff.
Sept. 1, 1995; Acts 1999, 76th Leg., ch. 967, § 5, eff. June 18,
1999.
Section: 57.17 57.18 57.19 57.20 57.21 57.2105 57.211 57.22 57.23 57.24 57.41 57.42 57.43 57.44 57.45
Last modified: August 10, 2007
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