Tex. Bus. Orgs. Code Section 23.052
Organizers

Subject to The Securities Act (Title 12, Government Code), 25 or more persons, the majority of whom must be residents of this state, may form a business development corporation to promote, develop, and advance the prosperity and economic welfare of this state.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.05, eff. January 1, 2022.

Source: Section 23.052 — Organizers, https://statutes.­capitol.­texas.­gov/Docs/BO/htm/BO.­23.­htm#23.­052 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 23.052’s source at texas​.gov