Sec. 221.016. AMENDMENT OF ARTICLES OF INCORPORATION. (a) Articles of incorporation may be amended to contain any provision that is lawful under this chapter if the sponsoring entity's governing body by appropriate resolution determines that the amendment is advisable and authorizes or directs that an amendment be made.
(b) The development corporation's president or vice-president and secretary or assistant secretary, or the presiding officer and the secretary or clerk of the sponsoring entity's governing body, shall execute articles of amendment on behalf of the development corporation. An officer signing the articles of amendment shall verify those articles.
(c) The articles of amendment must include:
(1) the name of the development corporation;
(2) if the amendment alters a provision of the original or amended articles of incorporation, an identification by reference or description of the altered provision and a statement of its text as amended;
(3) if the amendment is an addition to the original or amended articles of incorporation, a statement of that fact and the full text of each added provision;
(4) the name and current address of the sponsoring entity;
(5) a statement that the amendment was authorized by the governing body of the sponsoring entity; and
(6) the date of the meeting at which the governing body adopted or approved the amendment.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Section: Previous 221.004 221.005 221.011 221.012 221.013 221.014 221.015 221.016 221.017 221.018 221.019 221.020 221.021 221.022 221.023 NextLast modified: September 28, 2016