Texas Business Organizations Code 23.071 – Annual Report; Provision of Required Information
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(a) A corporation shall annually make a report of its condition to the banking commissioner and the Texas Department of Insurance.
(b) A corporation shall provide any information that is required by the secretary of state.
Terms Used In Texas Business Organizations Code 23.071
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means an entity governed as a corporation under Title 2 or 7. See Texas Business Organizations Code 1.002
- Secretary: means the:
(A) individual designated as secretary of an entity under the entity's governing documents; or
(B) officer or committee of persons authorized to perform the functions of secretary of an entity without regard to the designated name of the officer or committee. See Texas Business Organizations Code 1.002