{"data":{"id":"us-tx/tex.-business-organizations-code-6.152","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 6.152","heading":"VOTING OF INTERESTS OWNED BY ENTITY.","body":"(a) Except as provided by Subsection (b), an ownership interest owned by the domestic entity that is the issuer of the interest, or by its direct or indirect subsidiary, may not be:\n(1) directly or indirectly voted at a meeting; or\n(2) included in determining at any time the total number of outstanding ownership interests of the domestic entity.\n(b) This section does not preclude a domestic or foreign entity from voting an ownership interest, including an interest in the entity, held or controlled by the entity in a fiduciary capacity or for which the entity otherwise exercises voting power in a fiduciary capacity.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 34, eff. September 1, 2007.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 1. GENERAL PROVISIONS","CHAPTER 6. MEETINGS AND VOTING FOR DOMESTIC ENTITIES","SUBCHAPTER D. VOTING OF OWNERSHIP INTERESTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.6.htm#6.152","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"a5e433e4f4c7ebf3db763f10fa1f28b5e8e2f8144101a6d31aeb774ff504e1bf","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-6.151","next":"us-tx/tex.-business-organizations-code-6.153"},"notice":"GroundRules: Original legal text. Not legal advice."}