Tex. Bus. Orgs. Code § 10.108

SPECIAL PROVISIONS APPLYING TO NONPROFIT CORPORATION AND NONPROFIT ASSOCIATION CONVERSIONS

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff

A domestic nonprofit corporation or nonprofit association may not convert into a for-profit entity.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.