Texas § GV.2308.266 - NONPROFIT STATUS

Full text of Texas The Texas Constitution § GV.2308.266 — NONPROFIT STATUS, with citation guidance and answers to common questions.

§ GV.2308.266. NONPROFIT STATUS

NONPROFIT STATUS; ABILITY TO SOLICIT FUNDS. (a) A board may apply for and receive a charter as a private, nonprofit corporation under the laws of this state and may choose to be recognized as a Section 501(c)(3) organization under the Internal Revenue Code of 1986 (26 U.S.C. Section 501(c)(3)). (b) In addition to receiving funds specified in this chapter, a board may solicit additional funds from other public and private sources. (c) A board may not solicit or accept money from an entity with which the board contracts for the delivery of services. Added by Acts 1995, 74th Leg., ch. 76, Sec. 5.81(a), eff. Sept. 1, 1995.

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Frequently Asked Questions About Texas § GV.2308.266

What does The Texas Constitution § GV.2308.266 cover?

Section GV.2308.266 ("NONPROFIT STATUS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § GV.2308.266?

A common citation format is "The Texas Constitution § GV.2308.266" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § GV.2308.266 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.