Texas Business Organizations Code - Section 402.008. Meetings Of Owners And Members; Consents; Voting Of Interests
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§ 402.008. MEETINGS OF OWNERS AND MEMBERS; CONSENTS;
VOTING OF INTERESTS. (a) Except as provided by Subsection (b) and
regardless of whether a proxy or consent was executed by an owner or
member before the mandatory application date, Chapter 6 and any
other applicable provision of this code apply to:
(1) a meeting of owners or members held on or after the
mandatory application date;
(2) an action undertaken by owners or members under a
written consent that takes effect on or after the mandatory
application date;
(3) a vote cast at a meeting described by Subdivision
(1); and
(4) consent given for an action described by
Subdivision (2).
(b) Prior law applies to a meeting of owners or members and
to any vote cast at a meeting described by this section if the
meeting was initially called for a date before the mandatory
application date and notice of the meeting was given to owners or
members entitled to vote at the meeting.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 401.001 402.001 402.002 402.003 402.004 402.005 402.006 402.007 402.008 402.009 402.010 402.011 402.012 402.013 402.014
Last modified: August 11, 2007
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