Texas Business Organization Code
What is the new Texas Business Organizations Code?
Prior to the adoption of the Business Organizations Code (”BOC”), each type of business entity was governed by a separate statute with its own unique terminology. The BOC combined these separate statutes (listed below) into one Act, eliminated obsolete and duplicative provisions, and adopted uniform terminology whenever possible.
Consolidated in the BOC:
- Texas Business Corporation Act
- Texas Revised Partnership Act
- Texas Revised Limited Partnership Act
- Texas Limited Liability Company Act
- Texas Uniform Unincorporated Non-Profit Association Act
- Texas Miscellaneous Corporation Laws Act
- Texas Real Estate Investment Trust Act
- Texas Professional Corporation Act
- Texas Professional Associations Act
- Texas Cooperative Associations Act
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