Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 501.056 - Contents of Certificate of Formation The certificate of formation of a corporation must state:
(1) the name of the corporation;(2) that the corporation is a nonprofit corporation;(3) the duration of the corporation, which may be perpetual;(4) the specific purpose for which the corporation is organized and may issue bonds on behalf of the unit;(5) that the corporation has no members and is a nonstock corporation;(6) any provision consistent with law for the regulation of the corporation's internal affairs, including any provision required or permitted by this subtitle to be stated in the bylaws;(7) the street address of the corporation's initial registered office and the name of the corporation's initial registered agent at that address;(8) the number of directors of the initial board of directors and the name and address of each initial director;(9) the name and street address of each organizer; and(10) that the unit has: (A) by resolution specifically authorized the corporation to act on the unit's behalf to further the public purpose stated in the resolution and the certificate of formation; and(B) approved the certificate of formation.Tex. Loc. Gov't. Code § 501.056
Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. 4/1/2009.