{"data":{"id":"us-tx/tex.-business-organizations-code-21.952","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.952","heading":"DEFINITIONS.","body":"In this subchapter:\n(1) \"Public benefit\" means a positive effect, or a reduction of a negative effect, on one or more categories of persons, entities, communities, or interests, other than shareholders in their capacities as shareholders of the corporation, including effects of an artistic, charitable, cultural, economic, educational, environmental, literary, medical, religious, scientific, or technological nature.\n(2) \"Public benefit corporation\" means a domestic for-profit corporation that elects under Section 3.007(e) to be a public benefit corporation governed by this subchapter.\n(3) \"Public benefit provisions\" means the provisions of a certificate of formation that are required by Section 3.007(e) and this subchapter.\nAdded by Acts 2017, 85th Leg., R.S., Ch. 776 (H.B. 3488), Sec. 4, eff. September 1, 2017.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 21. FOR-PROFIT CORPORATIONS","SUBCHAPTER S. PUBLIC BENEFIT CORPORATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.952","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"56682d5a2bea709b0697c283f460d3ce347b2c8808945f7e27bc893d656f9ec9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.951","next":"us-tx/tex.-business-organizations-code-21.953"},"notice":"GroundRules: Original legal text. Not legal advice."}