Texas Business Organizations Code - Section 22.160. Voting Of Members
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§ 22.160. VOTING OF MEMBERS. (a) Each member of a
corporation, regardless of class, is entitled to one vote on each
matter submitted to a vote of the corporation's members, except to
the extent that the voting rights of members of a class are limited,
enlarged, or denied by the certificate of formation or bylaws of the
corporation.
(b) A member may vote in person or, unless otherwise
provided by the certificate of formation or bylaws, by proxy
executed in writing by the member or the member's attorney-in-fact.
(c) Unless otherwise provided by the proxy, a proxy is
revocable and expires 11 months after the date of its execution. A
proxy may not be irrevocable for longer than 11 months.
(d) If authorized by the certificate of formation or bylaws
of the corporation, a member vote on any matter may be conducted by
mail, by facsimile transmission, by electronic message, or by any
combination of those methods.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 22.153 22.154 22.155 22.156 22.157 22.158 22.159 22.160 22.161 22.162 22.163 22.164 22.201 22.202 22.203
Last modified: August 11, 2007
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