§ 842.051 Application for Corporate Charter; Nonprofit Status Required
§ 842.052 Minimum Membership Requirements

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Terms Used In Texas Insurance Code Chapter 842 > Subchapter B - Formation and Structure of Group Hospital Service Corporation

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Month: means a calendar month. See Texas Government Code 312.011