Texas Business Organizations Code - Section 21.059. Organization Meeting
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§ 21.059. ORGANIZATION MEETING. (a) This section does
not apply to a corporation created as a result of a conversion or
merger the plan of which states the bylaws and names the officers of
the corporation.
(b) After the filing of a certificate of formation takes
effect, an organization meeting shall be held at the call of the
majority of the initial board of directors or the persons named in
the certificate of formation under Section 3.007(a)(4) for the
purpose of adopting bylaws, electing officers, and transacting
other business.
(c) Not later than the third day before the date of the
meeting, the directors or other persons calling the meeting shall
send notice of the time and place of the meeting to each other
director or person named in the certificate of formation.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 21.052 21.053 21.054 21.055 21.056 21.057 21.058 21.059 21.101 21.102 21.103 21.104 21.105 21.106 21.107
Last modified: August 11, 2007
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