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Tex. Business Organizations Code § 252.004

REAL AND PERSONAL PROPERTY; NONPROFIT ASSOCIATION AS BENEFICIARY

Texas · Texas Business Organizations Code · Status: effective

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Tex. Business Organizations Code § 252.004, REAL AND PERSONAL PROPERTY; NONPROFIT ASSOCIATION AS BENEFICIARY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584373
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(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.