{"id":376598,"date":"2016-04-11T01:24:12","date_gmt":"2016-04-11T06:24:12","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/state\/texas-law\/texas-corporations-laws.html"},"modified":"2024-12-02T11:59:43","modified_gmt":"2024-12-02T16:59:43","slug":"texas-corporations-laws","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/state\/texas-law\/texas-corporations-laws.html","title":{"rendered":"Texas Corporations Laws"},"content":{"rendered":"\n
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Texas Corporations Laws<\/h1>\n
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Created by FindLaw’s team<\/a> of legal writers and editors<\/i><\/p>\n\n | Last updated\n

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This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

Incorporating a business is an exciting step for a company that has the potential to grow. It is important that companies hoping to incorporate<\/a> take the necessary steps to ensure that the corporation paperwork is properly filed with the state. Texas corporate laws require businesses to file a certificate of formation with the secretary of state that contains very specific information about your business. This is a quick summary of the corporations laws in Texas.<\/p>\n

Forming a Corporation Under Texas Corporate Laws<\/h2>\n

Before filling out the paperwork to form a corporation, there are a couple steps that every company should investigate. Understanding the pros and cons<\/a> of incorporation can help you figure out if creating a corporation or perhaps another business structure<\/a> under Texas laws is the right move. If you do believe that incorporation will benefit your company, make sure to check the availability of the corporate name<\/a> that you seek to use.<\/p>\n

The following table outlines the specifics of Texas corporate laws.<\/p>\n\n
Code Sections<\/b><\/td>\n

Texas Statutes – Title 2<\/a>: Corporations<\/p>\n<\/td>\n<\/tr>

Formation<\/b><\/p>\n<\/td>\n

Under Texas corporate laws, in order to form a corporation the proper paperwork must be delivered to the secretary of state<\/a> in person or by mail, courier, facsimile or electronic transmission. Any person having the capacity to contract for the person or for another may be an organizer of a filing entity. Each organizer<\/a> of a filing entity must sign the certificate of formation.<\/p>\n<\/td>\n<\/tr>

Certificate of Formation<\/b><\/p>\n<\/td>\n

The certificate of formation<\/a> must state:<\/p>\n

Corporation Name<\/b><\/p>\n<\/td>\n

The name of a corporation<\/a> or foreign corporation must contain the word "company," "corporation," "incorporated," "limited," or an abbreviation of one of those words.<\/p>\n<\/td>\n<\/tr>

Purpose<\/b><\/p>\n<\/td>\n

A corporation’s purpose can be any lawful purpose or purposes, unless otherwise provided by this section<\/a> of Texas corporate laws.<\/p>\n<\/td>\n<\/tr>

Fees<\/b><\/p>\n<\/td>\n

In order to file forms with the secretary of state, organizers must pay filing fees<\/a>. These fees are posted online and are subject to change.<\/p>\n<\/td>\n<\/tr><\/tbody><\/table>\n

If you would like legal assistance with forming a corporation, you can contact a Texas business organization attorney<\/a>. You can also visit FindLaw’s sections on corporate laws<\/a> for more articles and information on this topic.<\/p>\n

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