Texas Business Organizations Code 23.003 – Domestic Corporation Organized Under Special Statute
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Business Organizations Code 23.003
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means an entity governed as a corporation under Title 2 or 7. See Texas Business Organizations Code 1.002
- Statute: A law passed by a legislature.
A corporation organized under a special statute other than this code is not considered a “domestic corporation” formed under this code, although this code may apply to the corporation.