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Texas Business Organizations Code - Section 22.208. Term Of Office

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 22.208. Term Of Office

§ 22.208. TERM OF OFFICE.  (a) Unless the director 
resigns or is removed, a director on the initial board of directors 
of a corporation holds office until the first annual election of 
directors or for the period specified in the certificate of 
formation or bylaws of the corporation.  Directors other than the 
initial directors are elected, appointed, or designated for the 
terms provided by the certificate of formation or bylaws.
	(b)  In the absence of a provision in the certificate of 
formation or bylaws setting the term of office for directors, a 
director holds office until the next annual election of directors 
and until a successor is elected, appointed, or designated and 
qualified.
	(c)  A director may be removed from office as provided in 
Section 22.211.    

Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.  Amended by 
Acts 2005, 79th Leg., ch. 64, § 68, eff. Jan. 1, 2006.

Last modified: August 11, 2007