By: Mowery (Senate Sponsor - Brimer) H.B. No. 904
(In the Senate - Received from the House April 14, 2003;
April 15, 2003, read first time and referred to Committee on
Business and Commerce; May 8, 2003, reported favorably by the
following vote: Yeas 8, Nays 0; May 8, 2003, sent to printer.)
A BILL TO BE ENTITLED
AN ACT
relating to certain nonprofit cemetery corporations.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 711.023, Health and Safety Code, is
amended by adding Subsection (c) to read as follows:
(c) This section does not apply to a nonprofit cemetery
corporation formed before September 1, 1963, if:
(1) the corporation was formed under Subdivision 87,
Article 1302, Revised Statutes; and
(2) the charter or the articles of incorporation of
the corporation provide that the corporation has no capital stock.
SECTION 2. This Act takes effect September 1, 2003.
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