Texas Business Organizations Code - Section 21.055. Notice Of And Meeting To Consider Proposed Amendment
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§ 21.055. NOTICE OF AND MEETING TO CONSIDER PROPOSED
AMENDMENT. (a) Each shareholder of record entitled to vote shall
be given written notice containing the proposed amendment or a
summary of the changes to be effected within the time and in the
manner provided by this code for giving notice of meetings to
shareholders. The proposed amendment or summary may be included in
the notice required to be provided for an annual meeting.
(b) At the meeting, the proposed amendment shall be adopted
only on receiving the affirmative vote of shareholders entitled to
vote required by Section 21.364.
(c) An unlimited number of amendments may be submitted for
adoption by the shareholders at a meeting.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 20.002 21.001 21.002 21.051 21.052 21.053 21.054 21.055 21.056 21.057 21.058 21.059 21.101 21.102 21.103
Last modified: August 11, 2007
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