Articles of Incorporation
Texas state law contains guidance for forming a domestic (formed in the state) entity in Texas, which first of all requires a certificate of formation, the equivalent of articles of incorporation in other states. The certificate of formation must specify which kind of corporation is being formed—for-profit, professional, or nonprofit.
The certificate of formation must also include information on the organizers and directors, the registered agent, the corporation’s business purpose, and the number of shares the corporation is authorized to issue.
The certificate of formation may also prescribe qualifications or prerequisites for organizers and directors, or those qualifications may be listed in the corporate bylaws.
State law also allows the certificate of formation to include language that formalizes additional requirements, such as rules for managing the business or otherwise regulating the corporation’s procedures.