{"data":{"id":"us-tx/tex.-business-organizations-code-10.010","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 10.010","heading":"SPECIAL PROVISIONS APPLYING TO NONPROFIT CORPORATION AND NONPROFIT ASSOCIATION MERGERS.","body":"(a) A domestic nonprofit corporation or nonprofit association may not merge into another entity if the domestic nonprofit corporation or nonprofit association would, because of the merger, lose or impair its charitable status.\n(b) One or more domestic or foreign for-profit entities or non-code organizations may merge into one or more domestic nonprofit corporations or nonprofit associations that continue as the surviving entity or entities.\n(c) A domestic nonprofit corporation or nonprofit association may not merge with a foreign for-profit entity if the domestic nonprofit corporation or nonprofit association does not continue as the surviving entity.\n(d) One or more domestic nonprofit corporations or nonprofit associations and non-code organizations may merge into one or more foreign nonprofit entities that continue as the surviving entity or entities.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2017, 85th Leg., R.S., Ch. 75 (S.B. 1518), Sec. 4, eff. September 1, 2017.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 1. GENERAL PROVISIONS","CHAPTER 10. MERGERS, INTEREST EXCHANGES, CONVERSIONS, AND SALES OF ASSETS","SUBCHAPTER A. MERGERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.10.htm#10.010","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"7b11eaed4fa721a7325498191e3d8dd7095f9d25cec5ec6e31cc46488a50a2a1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-10.009","next":"us-tx/tex.-business-organizations-code-10.051"},"notice":"GroundRules: Original legal text. Not legal advice."}
