{"data":{"id":"us-tx/tex.-finance-code-92.158","jurisdiction":"us-tx","citation":"Tex. Finance Code § 92.158","heading":"VOTING RIGHTS.","body":"(a) The voting rights of a person entitled to vote at an annual or special meeting of a savings bank are the same as those of a shareholder of a domestic business corporation under the Texas Business Corporation Act.\n(b) The bylaws of a savings bank must specify the voting requirements, including quorum requirements, for conducting business at a meeting of the members or shareholders.\n(c) The bylaws of a savings bank must provide for the voting rights of the members or shareholders. The bylaws must provide the manner of computing the number of votes that a member or shareholder is entitled to cast. The bylaws of a capital stock savings bank may provide that only shareholders may vote.\n(d) Voting may be in person or by proxy. A proxy must be in writing and signed by the member or shareholder or the member's or shareholder's duly authorized attorney-in-fact and be filed with the secretary of the savings bank. Unless otherwise specified in the proxy, a proxy continues until:\n(1) a written revocation is delivered to the secretary; or\n(2) the proxy is superseded by a subsequent proxy.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE C. SAVINGS BANKS","CHAPTER 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS","SUBCHAPTER D. ADMINISTRATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.92.htm#92.158","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"c47bcf5568a7c6de72496a3d8b3a19bccf064f4fcfe74a6937466b6ce54322d2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-92.157","next":"us-tx/tex.-finance-code-92.201"},"notice":"GroundRules: Original legal text. Not legal advice."}