Sec. 252.004. REAL AND PERSONAL PROPERTY; NONPROFIT ASSOCIATION AS BENEFICIARY. (a) A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property.
(b) A nonprofit association may be a beneficiary of a trust, contract, or will.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 252 - Unincorporated Nonprofit Associations
Section 252.002. Supplementary General Principles of Law and Equity
Section 252.003. Territorial Application
Section 252.004. Real and Personal Property; Nonprofit Association as Beneficiary
Section 252.005. Statement of Authority as to Real Property
Section 252.006. Liability in Tort and Contract
Section 252.007. Capacity to Assert and Defend; Standing
Section 252.008. Effect of Judgment or Order
Section 252.009. Disposition of Personal Property of Inactive Nonprofit Association
Section 252.010. Books and Records
Section 252.011. Appointment of Agent to Receive Service of Process
Section 252.012. Claim Not Abated by Change
Section 252.013. Summons and Complaint; Service
Section 252.014. Uniformity of Application and Construction
Section 252.015. Transition Concerning Real and Personal Property
Section 252.016. Effect on Other Law