{"data":{"id":"us-tx/tex.-business-organizations-code-23.064","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 23.064","heading":"POWERS OF SHAREHOLDERS AND MEMBERS.","body":"The shareholders and members of a corporation may:\n(1) determine the number of directors and elect the directors as provided by Section 23.058;\n(2) make, amend, and repeal bylaws of the corporation; or\n(3) exercise any other power of the corporation that is conferred on the shareholders and members by the bylaws.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 2. CORPORATIONS","CHAPTER 23. SPECIAL-PURPOSE CORPORATIONS","SUBCHAPTER B. BUSINESS DEVELOPMENT CORPORATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.23.htm#23.064","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"ee2bd2d2557740dd064a3cb1ae6cde5a40f39e47f4e80c364306ece0355c866f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-23.063","next":"us-tx/tex.-business-organizations-code-23.065"},"notice":"GroundRules: Original legal text. Not legal advice."}