{"data":{"id":"us-tx/tex.-business-organizations-code-22.221","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 22.221","heading":"GENERAL STANDARDS FOR DIRECTORS.","body":"(a) A director shall discharge the director's duties, including duties as a committee member, in good faith, with ordinary care, and in a manner the director reasonably believes to be in the best interest of the corporation.\n(b) A director is not liable to the corporation, a member, or another person for an action taken or not taken as a director if the director acted in compliance with this section. A person seeking to establish liability of a director must prove that the director did not act:\n(1) in good faith;\n(2) with ordinary care; and\n(3) in a manner the director reasonably believed to be in the best interest of the corporation.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 22. NONPROFIT CORPORATIONS","SUBCHAPTER E. MANAGEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.22.htm#22.221","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"6ac3173ab1378807f23fa25fec88094f2da55a7ce45aa9af95b9836a0060e55f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-22.220","next":"us-tx/tex.-business-organizations-code-22.222"},"notice":"GroundRules: Original legal text. Not legal advice."}
