Texas Business Organizations Code

§ 22.501 — DEFINITIONS

BO § 22.501Title 2. CORPORATIONS · Ch. 22. NONPROFIT CORPORATIONS · Art. J. RATIFICATION OF DEFECTIVE CORPORATE ACTS; PROCEEDINGS

Statute text

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In this subchapter:

(1)"Corporate statute," with respect to an action or filing, means this code, the former Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes), or any predecessor statute of this state that governed the action or the filing.

(2)"Defective corporate act" means:

(A)an election or appointment of directors that is void or voidable due to a failure of authorization; or

(B)any act or transaction purportedly taken by or on behalf of the corporation that is, and at the time the act or transaction was purportedly taken would have been, within the power of a corporation to take under the corporate statute, but is ineffective, void, or voidable due to a failure of authorization, including a failure to file with the filing officer a filing instrument that was required under the corporate statute to complete the effectiveness of the act or transaction.

(3)"District court" means a district court in:

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Legislative history

Acts 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411), Sec. 42, eff. September 1, 2025.