Texas Statement of Operation As A Close Corporation is a document that outlines the operations and management of a close corporation in the state of Texas. This document is required by the Texas Business Organizations Code for close corporations and must be filed with the Texas Secretary of State. The document outlines the name and address of the close corporation, the designation of officers, the authority and duties of the officers, the requirements for meetings and voting, the ownership of the corporation, the authorized capital of the corporation, and the procedures for dissolving the corporation. There are two types of Texas Statement of Operations As A Close Corporation: the Form 205 and the Form 206. The Form 205 is used if the close corporation has no more than ten shareholders, and the Form 206 is used if the close corporation has more than ten shareholders.
Texas Statement of Operation As A Close Corporation
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How to fill out Texas Statement Of Operation As A Close Corporation?
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