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Texas Business Organizations Code

§ 21.416 — COMMITTEES OF BOARD OF DIRECTORS

BO § 21.416Title 2. CORPORATIONS · Ch. 21. FOR-PROFIT CORPORATIONS · Art. I. BOARD OF DIRECTORS

Statute text

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(a)If authorized by the certificate of formation or bylaws of a corporation, the board of directors of the corporation may designate:
(1)committees composed of one or more directors; or
(2)directors as alternate members of committees to replace absent or disqualified committee members at a committee meeting, subject to any limitations imposed by the board of directors.
(b)To the extent provided by a resolution of the board of directors designating a committee or by the certificate of formation or bylaws and subject to Subsection (c), the committee has the authority of the board of directors.
(c)A committee of the board of directors may not:
(1)amend the certificate of formation, except to:

Legislative history

Acts 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 60, eff. January 1, 2006. Acts 2025, 89th Leg., R.S., Ch. 21 (S.B. 29), Sec. 8, eff. May 14, 2025.

Source: Texas Business Organizations Code § 21.416 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.