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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 21.402: BOARD MEMBER ELIGIBILITY REQUIREMENTS.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 2. CORPORATIONS
  3. CHAPTER 21. FOR-PROFIT CORPORATIONS
  4. SUBCHAPTER I. BOARD OF DIRECTORS

Unless the certificate of formation or bylaws of a corporation provide otherwise, a director is not required to be a resident of this state or a shareholder of the corporation. The certificate of formation or bylaws may prescribe other qualifications for directors.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Amended by:

Acts 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411), Sec. 26, eff. September 1, 2025.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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