{"data":{"id":"us-tx/tex.-business-organizations-code-21.404","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.404","heading":"DESIGNATION OF INITIAL BOARD OF DIRECTORS.","body":"If the corporation is to be managed by a board of directors, the certificate of formation of a corporation must state the name and address of each individual who will serve as director until the first annual meeting of shareholders and until a successor is elected and qualified.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411), Sec. 27, eff. September 1, 2025.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 21. FOR-PROFIT CORPORATIONS","SUBCHAPTER I. BOARD OF DIRECTORS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm#21.404","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"f64b548f17f1c2c6c8cc80b5412948a5d95ed116ddf006ba7988dbc80f361ca1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.403","next":"us-tx/tex.-business-organizations-code-21.405"},"notice":"GroundRules: Original legal text. Not legal advice."}