Texas Business Organizations Code - Section 22.104. Organization Meeting
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§ 22.104. ORGANIZATION MEETING. (a) After the
certificate of formation is filed, the board of directors named in
the certificate of formation of a corporation shall hold an
organization meeting of the board, either in or out of this state,
at the call of the organizers or a majority of the directors to
adopt bylaws and elect officers and for other purposes determined
by the board at the meeting. The organizers or directors calling
the meeting shall send notice of the time and place of the meeting
to each director named in the certificate of formation not later
than the third day before the date of the meeting.
(b) A first meeting of the members may be held at the call of
the majority of the directors on notice provided not later than the
third day before the date of the meeting. The notice must state the
purposes of the meeting.
(c) If the management of a corporation is vested in the
corporation's members, the members shall hold the organization
meeting on the call of an organizer. An organizer who calls the
meeting shall:
(1) send notice of the time and place of the meeting to
each member not later than the third day before the date of the
meeting;
(2) if the corporation is a church, make an oral
announcement of the time and place of the meeting at a regularly
scheduled worship service before the meeting; or
(3) send notice of the meeting in the manner provided
by the certificate of formation.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006. Amended by
Acts 2005, 79th Leg., ch. 64, § 66, eff. Jan. 1, 2006.
Section: 22.053 22.054 22.055 22.056 22.101 22.102 22.103 22.104 22.105 22.106 22.107 22.108 22.109 22.151 22.152
Last modified: August 11, 2007
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