Monthly Archives: June 2018

Common Mistakes to Avoid Negotiating Mineral Leases

With hundreds of oil and gas wells dotting the landscape, mineral leases are commonplace in the state of Texas. A mineral lease is a legally binding document that sets the terms of an arrangement between the mineral owner and an individual/business (the leaseholder), granting the latter the right to extract minerals. (The mineral owner may [...]

2018-09-07T12:22:09-05:00June 26th, 2018|Business Formation, Business Law, Business Planning|

Incorporating a Nonprofit in Texas

Many organizations exist without the benefits of incorporation. Becoming a corporation protects the leaders of the nonprofit from being legally responsible for its debt or lawsuits. Nonprofits based in Texas who wish to become corporations must follow the guidelines outlined in the Texas Non-Profit Corporation Act. Texas Non-Profit Corporation Act Requirements The Texas Non-Profit Corporation [...]

2018-08-02T11:57:01-05:00June 11th, 2018|Business Formation, Business Law, Business Planning|