Texas Business Organizations Code

§ 21.360 — NO CUMULATIVE VOTING RIGHT UNLESS AUTHORIZED

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

BO § 21.360Title 2. CORPORATIONS · Ch. 21. FOR-PROFIT CORPORATIONS · Art. H. SHAREHOLDERS' MEETINGS; NOTICE TO SHAREHOLDERS; VOTING AND QUORUM

Statute text

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Except as provided by Section 21.361 or 21.362, a shareholder does not have the right to cumulate the shareholder's vote in the election of directors.

Legislative history

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