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Sec. 10.20.905. Powers of commissioner.

The commissioner has the power and authority reasonably necessary for administering this chapter efficiently and performing the duties imposed by this chapter.

Sec. 10.20.910. Applicability to domestic and foreign corporations.

(a) The provisions of this chapter relating to domestic corporations apply to all corporations organized under this chapter. (b) The provisions of this chapter relating to foreign corporations apply to all foreign nonprofit corporations conducting affairs in this state for a purpose or purposes for which a corporation might be organized under this chapter.

Sec. 10.20.920. Definitions.

In this chapter, unless the context otherwise requires, (1) “articles of incorporation” means the original or restated articles of incorporation or articles of consolidation and all amendments to them, including articles of merger; (2) “board of directors” means the group of persons vested with the management of the affairs of the corporation irrespective of the […]