{"data":{"id":"us-tx/tex.-business-organizations-code-3.008","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 3.008","heading":"SUPPLEMENTAL PROVISIONS REQUIRED IN CERTIFICATE OF FORMATION OF CLOSE CORPORATION.","body":"(a) In addition to a provision required or permitted to be stated in the certificate of formation of a for-profit or professional corporation under Section 3.007, the certificate of formation of a close corporation, whether original, amended, or restated, must include the sentence, \"This corporation is a close corporation.\"\n(b) The certificate of formation of the close corporation may contain:\n(1) a provision contained or permitted to be contained in a shareholders' agreement conforming to Subchapter O, Chapter 21, that the organizers elect to include in the certificate of formation; or\n(2) a copy of a shareholders' agreement that conforms to Subchapter O, Chapter 21, and that may be filed in the manner provided by Section 21.212.\n(c) A provision contained in the certificate of formation under Subsection (b) must be preceded by a statement that the provision is subject to the corporation remaining a close corporation.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 11, eff. September 1, 2007.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 1. GENERAL PROVISIONS","CHAPTER 3. FORMATION AND GOVERNANCE","SUBCHAPTER A. FORMATION, EXISTENCE, AND CERTIFICATE OF FORMATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.3.htm#3.008","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"6a86dedffd61d0b27e4b9253012de8968d338bbf481afc128202752f7c7a9e6d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-3.007","next":"us-tx/tex.-business-organizations-code-3.009"},"notice":"GroundRules: Original legal text. Not legal advice."}
