The certificate of formation must set forth the number of directors that will constitute the initial board of directors and provide their names and addresses. Texas Corporate Bylaws create the policies and procedures for your corporation.Our free, attorney-drafted template can get you started. In general, Texas law does not contain any specific requirements for someone to be eligible to serve on the Board of Directors. The document required to form a corporation in Texas is called the Certificate of Formation. Fill out an 'Incorporator's Statement' to show the names and addresses of the initial directors. If the founders have not purchased an official corporate seal, delete the foregoing. Corporate bylaws spell out roles, responsibilities and rights for directors, officers, and shareholders. This meeting, and all future meetings of the board of directors, must be recorded in corporate minutes. Selection of directors to fill vacancies on the Board or a committee. 5.