Texas Business Organizations Code 23.055 – Statewide Operation
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Terms Used In Texas Business Organizations Code 23.055
- Business: means a trade, occupation, profession, or other commercial activity. See Texas Business Organizations Code 1.002
A corporation organized under this subchapter is a state development company as defined by Section 103, Small Business Investment Act of 1958 (15 U.S.C. § 662), as amended, or similar federal legislation, and may operate on a statewide basis.