Sec. 252.004.  REAL AND PERSONAL PROPERTY;  NONPROFIT ASSOCIATION AS BENEFICIARY.  (a)  A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property.
(b)  A nonprofit association may be a beneficiary of a trust, contract, or will.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.