Common use of Purpose and Duration Clause in Contracts

Purpose and Duration. The purpose for which the Corporation is organized is the transaction of any or all lawful business for which a for-profit corporation may be organized under the Texas Business Organizations Code, as such may be amended from time to time (the “TBOC”).

Appears in 2 contracts

Sources: Merger Agreement (CBTX, Inc.), Merger Agreement (Allegiance Bancshares, Inc.)