Texas Business Organizations Code - Section 2.113. Limitation On Powers

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§ 2.113. LIMITATION ON POWERS.  (a) This subchapter does 
not authorize a domestic entity or a managerial official of a 
domestic entity to exercise a power in a manner inconsistent with a 
limitation on the purposes or powers of the entity contained in its 
governing documents, this code, or other law of this state.
	(b)  This code does not authorize any action in violation of 
the antitrust laws of this state.

Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.                     

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Last modified: August 10, 2007