Texas Transportation Code 431.022 – Application
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(a) Three or more individuals may file with the commission an application for the creation of a corporation within a designated area.
(b) Each of the individuals must be a qualified voter.
Terms Used In Texas Transportation Code 431.022
- 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.
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
(c) The application must be in writing.
(d) The application must contain the articles of incorporation proposed to be used in organizing the corporation.
(e) The commission may not charge a filing fee for the application.