Texas § 21.951 LAW APPLICABLE TO PUBLIC BENEFIT CORPORATIONS; FORMATION.

Texas Statutes

§ 21.951 — LAW APPLICABLE TO PUBLIC BENEFIT CORPORATIONS; FORMATION.

Texas § 21.951

Code BOBusiness Organizations Code

This text of Texas § 21.951 (LAW APPLICABLE TO PUBLIC BENEFIT CORPORATIONS; FORMATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Business Organizations Code Code Ann. § 21.951 (2026).

Text

Sec. 21.951. LAW APPLICABLE TO PUBLIC BENEFIT CORPORATIONS; FORMATION.

(a)A for-profit corporation may elect under Section 3.007 (e) to be a public benefit corporation that is governed by this subchapter.

(b)If a corporation elects to be a public benefit corporation, the corporation is subject to the other provisions of this chapter and other provisions of this code applicable to for-profit corporations.

(c)To the extent of a conflict between this subchapter and another provision of this chapter or another provision of this code applicable to for-profit corporations, this subchapter controls.

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Sec. 21.951. LAW APPLICABLE TO PUBLIC BENEFIT CORPORATIONS; FORMATION. (a) A for-profit corporation may elect under Section 3.007 (e) to be a public benefit corporation that is governed by this subchapter.
(b) If a corporation elects to be a public benefit corporation, the corporation is subject to the other provisions of this chapter and other provisions of this code applicable to for-profit corporations.
(c) To the extent of a conflict between this subchapter and another provision of this chapter or another provision of this code applicable to for-profit corporations, this subchapter controls.