Nonprofit Bylaws Template For 501c3 In Collin

State:
Multi-State
County:
Collin
Control #:
US-00444
Format:
Word; 
Rich Text
Instant download

Description

This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
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FAQ

To receive a 501(c)(3) tax exemption, federal requirements stipulate that all members of your board of directors be unrelated. Texas requires only two officers appointed for every nonprofit: a president and a secretary. You may add other officers as preferred or needed while establishing your nonprofit.

To successfully start a nonprofit in Texas, the Texas Business Organizations Code requires that your nonprofit has at least three directors. You are allowed to have family members on the board, but if you're starting a public charity, you'll need a majority of board members to not be related to one another.

The Texas Business Organizations Code requires a nonprofit corporation to have at least three directors, one president, and one secretary. The same person cannot be both the president and secretary. Officers and directors must be natural persons, but may be known by other titles.

The Texas Business Organizations Code requires that for-profit corporations and professional corporations have at least one director, one president, and one secretary. A single person can be the president, secretary, sole director, and sole shareholder.

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Nonprofit Bylaws Template For 501c3 In Collin