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

Tex. Business Organizations Code § 23.064: POWERS OF SHAREHOLDERS AND MEMBERS.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 2. CORPORATIONS
  3. CHAPTER 23. SPECIAL-PURPOSE CORPORATIONS
  4. SUBCHAPTER B. BUSINESS DEVELOPMENT CORPORATIONS

The shareholders and members of a corporation may:

(1) determine the number of directors and elect the directors as provided by Section 23.058;

(2) make, amend, and repeal bylaws of the corporation; or

(3) exercise any other power of the corporation that is conferred on the shareholders and members by the bylaws.

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

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

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