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Texas Business Organizations Code

§ 21.655 — MEETINGS OF SHAREHOLDERS

BO § 21.655Title 2. CORPORATIONS · Ch. 21. FOR-PROFIT CORPORATIONS · Art. N. PROVISIONS RELATING TO INVESTMENT COMPANIES

Statute text

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(a)If provided by the certificate of formation or bylaws of an investment company, the investment company is not required to hold an annual meeting of shareholders or elect directors in a year in which an election of directors is not required under the Investment Company Act.
(b)If an investment company is required to hold a meeting of shareholders to elect directors under the Investment Company Act, the meeting shall be designated as the annual meeting of shareholders for that year.

Legislative history

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

Source: Texas Business Organizations Code § 21.655 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.