Is there a filing required under Texas or federal securities laws? Can one person be the sole shareholder, director, and officer of a corporation?Formation of Business Entities and Nonprofit Corporations Under the Texas Business Organizations Code: Online filing available through SOSDirect. A nonprofit corporation may be formed for any lawful purpose or purposes not expressly prohibited under this chapter or Chapter 2. Step 1 Step 2 Enter the name of each stockholder. Minutes of Shareholders' Meetings record the decisions made during a shareholders' meeting. Just pay state fees. We provide professionally written corporate bylaws for free with every incorporation filing. Fill Out the Vendor Profile Form. The first shareholder meeting is an organizational meeting where shareholders ratify and approve the actions of the incorporators.