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Texas Business Organizations Code - Section 23.064. Powers Of Shareholders And Members

Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 23.064. Powers Of Shareholders And Members

§ 23.064. POWERS OF SHAREHOLDERS AND MEMBERS.  The 
shareholders and members of a corporation may:
		(1)  determine the number of directors and elect the 
directors as provided by Section 23.058;
		(2)  make, amend, and repeal bylaws of the corporation;  
or                 
		(3)  exercise any other power of the corporation that 
is conferred on the shareholders and members by the bylaws.

Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.                     

Last modified: August 10, 2007