Tex. Transp. Code § 431.025

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 431.025 - Articles of Incorporation

The articles of incorporation must state:

(1) the name of the corporation;
(2) that the corporation is a nonprofit corporation;
(3) the duration of the corporation;
(4) the specific purpose for which the corporation is organized on behalf of the commission;
(5) that the corporation does not have any members and is a nonstock corporation;
(6) the street address of the corporation's initial registered office and the name of its initial registered agent at that address;
(7) the number of directors of the initial board and the name and address of each director;
(8) the name and street address of each incorporator;
(9) any provision for the regulation of the internal affairs of the corporation, including any provision required or permitted by this chapter to be in the bylaws; and
(10) that the commission has:
(A) by resolution specifically authorized the corporation to act on its behalf to further the public purpose stated in the resolution and in the articles of incorporation; and
(B) approved the articles of incorporation.

Tex. Transp. Code § 431.025

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.