Texas Business Organizations Code 3.061 – Supplemental Provisions for Restated Certificate of Formation for Nonprofit Corporation
(a) In addition to the provisions authorized or required by § 3.059, a restated certificate of formation for a nonprofit corporation may omit any prior statements regarding the number of directors and the names and addresses of the persons serving as directors and, at the corporation‘s election, may insert a statement regarding the current number of directors and the names and addresses of the persons currently serving as directors.
(b) If the nonprofit corporation is a church in which management is vested in the church’s members under § 22.202, and the original certificate of formation is not required to contain a statement to that effect, any restated certificate of formation for the church must contain a statement to that effect in addition to the information required by § 3.059.
Terms Used In Texas Business Organizations Code 3.061
- Certificate of formation: means :
(A) the document required to be filed with the filing officer under Chapter 3 to form a filing entity; and
(B) if appropriate, a restated certificate of formation and all amendments of an original or restated certificate of formation. See Texas Business Organizations Code 1.002 - 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
- Nonprofit corporation: means a corporation governed as a nonprofit corporation under Chapter 22. See Texas Business Organizations Code 1.002