Public-domain · open source
OpenJurist

Tex. Util. Code § 251.052

NONPROFIT CORPORATION

Known as the Underground Facility Damage Prevention and Safety Act

The act spans §§ 251–251 (41 sections).

Added by Acts 1999, 76th Leg., ch. 62, Sec. 18.17(a), eff

The corporation is a public nonprofit corporation and has all the powers and duties incident to a nonprofit corporation under the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes), except that the corporation:

(1) may not make donations for the public welfare or for charitable, scientific, or educational purposes or in aid of war activities;

(2) may not merge or consolidate with another corporation;

(3) is not subject to voluntary or involuntary dissolution; and

(4) may not be placed in receivership.

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