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Tex. Loc. Gov't Code § 394.033

CORPORATE NAME; DURATION; SEAL

Known as the Texas Housing Finance Corporations Act

The act spans §§ 394.001 to 394.907 (48 sections).

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff

(a) A housing finance corporation may have perpetual succession under its corporate name, unless a limited period of duration is stated in the articles of incorporation, and may sue and be sued, and complain and defend, under its corporate name.

(b) A housing finance corporation may have a corporate seal, which may be altered at will, and may use the seal by causing it, or a facsimile of it, to be impressed on, affixed to, or otherwise reproduced on any instrument required to be executed by the corporation's officers.

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