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Texas Business Organizations Code - Section 21.058. Dual Authority

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 21.058. Dual Authority

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§ 21.058. DUAL AUTHORITY. Unless the certificate of formation or a bylaw adopted by the shareholders provides otherwise as to all or a part of a corporation's bylaws, a corporation's shareholders may amend, repeal, or adopt the corporation's bylaws regardless of whether the bylaws may also be amended, repealed, or adopted by the corporation's board of directors. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.

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Last modified: August 11, 2007