SECTION 79.37. Organizational Identifiers

(a) Acceptable organizational identifiers are set forth in §§5.054 - 5.059 of the Texas Business Organizations Code.

(b) The following words, when used alone, do not satisfy the statutory requirements for organizational identifiers:

(1) "companies," "corporations," "incorporation," and "unlimited;"

(2) "limited partnerships;" and

(3) "limited" or "company," to identify a limited liability company.

(c) A nonprofit corporation may omit an organizational identifier, but may not solely have an organizational identifier which is not consistent with §5.054 of the Texas Business Organizations Code.

(d) The words "public benefit corporation," the abbreviation "P.B.C.," or the designation "PBC" may be used as the words of organization for a domestic public benefit corporation.

Source Note: The provisions of this §79.37 adopted to be effective June 1, 2018, 43 TexReg 3341