Sec. 431.022. APPLICATION. (a) Three or more individuals may file with the commission an application for the creation of a corporation within a designated area.
(b) Each of the individuals must be a qualified voter.
(c) The application must be in writing.
(d) The application must contain the articles of incorporation proposed to be used in organizing the corporation.
(e) The commission may not charge a filing fee for the application.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle I - Transportation Corporations
Chapter 431 - Texas Transportation Corporation Act
Subchapter B. Creation and Operation of Corporation
Section 431.021. Purpose of Corporation
Section 431.023. Adoption of Resolution
Section 431.024. Form of Corporation
Section 431.025. Articles of Incorporation
Section 431.026. Delivery and Filing of Certificate of Incorporation
Section 431.027. Effect of Issuance of Certificate of Incorporation
Section 431.029. Advisory Directors
Section 431.032. Indemnification