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Terms Used In Texas Transportation Code 431.144

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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.

The articles of amendment must:
(1) state the name of the corporation;
(2) if the amendment alters a provision of the articles of incorporation, identify by reference or describe the altered provision and include its text as it is amended;
(3) if the amendment is an addition to the articles of incorporation, state that fact and include the text of each provision added; and
(4) state that the amendment was adopted or was approved by the commission and give the date the commission adopted or approved the amendment.