FORM OF CORPORATION.

Tex. TRANSP Code § 431.024.
in effect
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(a) A corporation is a nonmember, nonstock corporation. (b) A corporation is nonprofit, and its earnings may not benefit a private interest. (c) A corporation may be created as a perpetual corporation.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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