Texas Local Government Code 303.025 – Certificate of Incorporation; Beginning of Corporate Existence
(a) The incorporators shall deliver to the secretary of state the original and two copies of the articles of incorporation and a certified copy of the resolution of the sponsor’s governing body approving the articles of incorporation.
(b) If the secretary of state finds that the articles of incorporation comply with this chapter and have been approved by the sponsor’s governing body, the secretary of state, on payment of the fees required by this chapter, shall:
(1) write “filed” on the original and each copy of the articles of incorporation and the month, day, and year of the filing;
(2) file the original in the office of the secretary of state; and
(3) issue two certificates of incorporation with a copy of the articles of incorporation attached to each.
Terms Used In Texas Local Government Code 303.025
- 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.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Month: means a calendar month. See Texas Government Code 312.011
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) The secretary of state shall deliver a certificate of incorporation, with a copy of the articles of incorporation attached, to the incorporators or their representatives and to the sponsor’s governing body.
(d) The corporation‘s existence begins on issuance of the certificate of incorporation.
(e) The certificate of incorporation is conclusive evidence that all conditions precedent required to be performed by the incorporators and by the sponsor have been performed and that the corporation has been incorporated under this chapter.