Texas Business Organizations Code
§ 22.227 — DISSENT TO OR ABSTENTION FROM ACTION
BO § 22.227Title 2. CORPORATIONS · Ch. 22. NONPROFIT CORPORATIONS · Art. E. MANAGEMENT
Statute text
View on source(a)A director of a corporation who is present at a meeting of the board of directors at which action is taken on a corporate matter described by Section 22.226(a) is presumed to have assented to the action unless:
(1)the director's dissent or abstention has been entered in the minutes of the meeting;
(2)the director has filed a written dissent or abstention with respect to the action with the person acting as the secretary of the meeting before the meeting is adjourned; or
(3)the director has sent to the secretary of the corporation, within a reasonable time after the meeting has been adjourned, a written dissent or abstention by:
(A)certified or registered mail, return receipt requested; or
(B)other means specified in the corporation's governing documents.
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Legislative history
Acts 2017, 85th Leg., R.S., Ch. 75 (S.B. 1518), Sec. 30, eff. September 1, 2017.