Texas Utilities Code - Section 161.074. Quorum Of Directors
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§ 161.074. QUORUM OF DIRECTORS. (a) A majority of the
directors is a quorum unless the articles of incorporation or the
bylaws provide that a greater number of the directors is a quorum.
(b) A majority of the directors present at a meeting at
which a quorum is present may exercise the board's authority unless
the articles of incorporation or the bylaws require a greater
number of directors to exercise the board's authority.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.
Section: 161.067 161.068 161.069 161.070 161.071 161.072 161.073 161.074 161.075 161.076 161.077 161.078 161.079 161.121 161.122
Last modified: August 10, 2007
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