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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A corporation created under this chapter or under a special statute outside this code, to the extent not inconsistent with a special statute regarding a particular corporation, is governed by:
(1) Title 1 1 and Chapter 21, if the corporation is organized for profit; and
(2) Title 1 and Chapter 22, if the corporation is organized not for profit.
(b) If a special statute does not contain any provision regarding a matter provided for in Title 1 or Chapter 21 or 22, or if the special statute specifically provides that the general laws for corporations supplement the statute, to the extent consistent with the special statute:
(1) Title 1 and Chapter 21 apply to a corporation organized for profit; and
(2) Title 1 and Chapter 22 apply to a corporation organized not for profit.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 23.001. Determination of Applicable Law - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-23-001/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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