Art. 3.06. Organization Meeting of Directors A. Except as provided by Section B of this Article, after the issuance of the certificate of incorporation, an organization meeting of the initial board of directors named in the articles of incorporation (or of the person or persons who, in conformance with Section A(12), Article 3.02 of this Act, are named in the articles of incorporation as the person or persons who will perform the functions of the initial board of directors provided for by this Act) shall be held, either within or without this State, at the call of a majority of the directors named in the articles of incorporation, for the purpose of adopting bylaws, electing officers, and transacting such other business as may come before the meeting. The directors calling the meeting shall give at least three (3) days notice thereof by mail to each director so named, stating the time and place of the meeting. B. The provisions of Section A of this Article shall not apply to a corporation that is a converted entity or a corporation that is created pursuant to a plan of merger if the plan of conversion or the plan of merger, as the case may be, sets forth the bylaws and officers of the corporation. Acts 1955, 54th Leg., p. 239, ch. 64, eff. Sept. 6, 1955. Amended by Acts 1973, 63rd Leg., p. 1504, ch. 545, Sec. 28, eff. Aug. 27, 1973; Acts 1997, 75th Leg., ch. 375, Sec. 21, eff. Sept. 1, 1997.

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Last modified: August 10, 2007