GroundRules
Tex. Business Organizations Code § 22.228: RELIANCE ON WRITTEN OPINION OF ATTORNEY.
Where this section sits in the code
- BUSINESS ORGANIZATIONS CODE
- TITLE 2. CORPORATIONS
- CHAPTER 22. NONPROFIT CORPORATIONS
- SUBCHAPTER E. MANAGEMENT
A director is not liable under Section 22.226 or 22.227 if, in the exercise of ordinary care, the director acted in good faith and in reliance on the written opinion of an attorney for the corporation.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Collected 2026-08-27T01:46:58Z. Source file · JSON