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    GW1's Avatar
    GW1 Posts: 1, Reputation: 1
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    #1

    May 14, 2013, 09:40 AM
    501c3 rules - banking in other states
    Can an Out of State 501(c)3 open a bank account in Texas? Are they required to file for an agent with the Texas Secretary of State?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    May 14, 2013, 10:09 AM
    Hello GW:

    The tax exemption is granted by the fed and it doesn't preclude the grantee from moving..

    IF the organization is a corporation, then they probably need to register with the state. But, each state is different.. I'd call the Corporation Commission, or whatever they call it in Texas.

    excon
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