Texas Business Organizations Code - Section 6.202. Action By Less Than Unanimous Written Consent
Legal Research Home >
Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 6.202. Action By Less Than Unanimous Written Consent
§ 6.202. ACTION BY LESS THAN UNANIMOUS WRITTEN
CONSENT. (a) This section applies to any action required or
authorized to be taken under this code or the governing documents of
a filing entity at an annual or special meeting of the owners or
members of the entity.
(b) Except as provided by this code, the certificate of
formation of a filing entity may authorize the owners or members of
the entity to take action without holding a meeting, providing
notice, or taking a vote if owners or members of the entity having
at least the minimum number of votes that would be necessary to take
the action that is the subject of the consent at a meeting, in which
each owner or member entitled to vote on the action is present and
votes, sign a written consent or consents stating the action taken.
(c) A written consent or consents described by Subsection
(b) must include the date each owner or member signed the consent
and is effective to take the action that is the subject of the
consent only if the consent or consents are delivered to the entity
not later than the 60th day after the date the earliest dated
consent is delivered to the entity as required by Section 6.203.
(d) The entity shall promptly notify each owner or member
who did not sign a consent described by Subsection (b) of the action
that is the subject of the consent.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 6.151 6.152 6.153 6.154 6.155 6.156 6.201 6.202 6.203 6.204 6.205 6.251 6.252 6.301 6.302
Last modified: August 11, 2007
|
