Texas § LG.501.056 - CONTENTS OF CERTIFICATE OF FORMATION

§ LG.501.056. CONTENTS OF CERTIFICATE OF FORMATION

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. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009.