Sec. 2.113. LIMITATION ON POWERS. (a) This subchapter does not authorize a domestic entity or a managerial official of a domestic entity to exercise a power in a manner inconsistent with a limitation on the purposes or powers of the entity contained in its governing documents, this code, or other law of this state.
(b) This code does not authorize any action in violation of the antitrust laws of this state.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 2 - Purposes and Power of Domestic Entity
Subchapter B. Powers of Domestic Entity
Section 2.102. Additional Powers of Nonprofit Entity or Institution
Section 2.103. Power to Incur Indebtedness
Section 2.104. Power to Make Guaranties
Section 2.105. Additional Powers of Certain Pipeline Businesses
Section 2.106. Power of Nonprofit Corporation to Serve as Trustee
Section 2.108. Powers of Professional Association
Section 2.109. Powers of Professional Corporation
Section 2.110. Powers of Cooperative Association
Section 2.111. Limitation on Powers of Cooperative Association
Section 2.112. Stated Powers in Subchapter Sufficient
Section 2.113. Limitation on Powers
Section 2.114. Certificated Indebtedness; Manner of Issuance; Signature and Seal