Tex. Business Organizations Code § 10.108: SPECIAL PROVISIONS APPLYING TO NONPROFIT CORPORATION AND NONPROFIT ASSOCIATION CONVERSIONS.
Where this section sits in the code
- BUSINESS ORGANIZATIONS CODE
- TITLE 1. GENERAL PROVISIONS
- CHAPTER 10. MERGERS, INTEREST EXCHANGES, CONVERSIONS, AND SALES OF ASSETS
- SUBCHAPTER C. CONVERSIONS
A domestic nonprofit corporation or nonprofit association may not convert into a for-profit entity.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 75 (S.B. 1518), Sec. 5, eff. September 1, 2017.
Collected 2026-08-27T01:46:58Z. Source file · JSON