Sec. 2.008. NONPROFIT CORPORATIONS. A corporation formed for the purpose of operating a nonprofit institution, including an institution devoted to a charitable, benevolent, religious, patriotic, civic, cultural, missionary, educational, scientific, social, fraternal, athletic, or aesthetic purpose, may be formed and governed only as a nonprofit corporation under this code and not as a for-profit corporation under this code. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Nonprofit Corporations
Tex. Business Organizations Code § 2.008, under Purposes and Power of Domestic Entity.
Tex. Business Organizations Code § 2.008