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Tex. Business Organizations Code § 2.002

This is the official text of Tex. Business Organizations Code § 2.002, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

§ 2.002. PURPOSES OF NONPROFIT ENTITY.

Official statutory text

The purpose or purposes of a domestic nonprofit entity may include one or more of the following purposes:

(1) serving charitable, benevolent, religious, eleemosynary, patriotic, civic, missionary, educational, scientific, social, fraternal, athletic, aesthetic, agricultural, and horticultural purposes;

(2) operating or managing a professional, commercial, or trade association or labor union;

(3) providing animal husbandry; or

(4) operating on a nonprofit cooperative basis for the benefit of its members.

Status: in_force · Read it on the official government site

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