{"data":{"id":"us-tx/tex.-business-organizations-code-21.407","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 21.407","heading":"TERM OF OFFICE.","body":"Except as otherwise provided by this subchapter, the term of office of a director extends from the date the director is elected and qualified or named in the corporation's certificate of formation until the next annual meeting of shareholders and until the director's successor is elected and qualified.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 56, eff. January 1, 2006.","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#21.407","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"27a6b7ca00953890ccc753795337d4fd0313e828536eaa236d5dbaa440fe9548","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-21.406","next":"us-tx/tex.-business-organizations-code-21.408"},"notice":"GroundRules: Original legal text. Not legal advice."}