Texas Business Organizations Code
§ 23.064 — POWERS OF SHAREHOLDERS AND MEMBERS
BO § 23.064Title 2. CORPORATIONS · Ch. 23. SPECIAL-PURPOSE CORPORATIONS · Art. B. BUSINESS DEVELOPMENT CORPORATIONS
Statute text
View on sourceThe shareholders and members of a corporation may:
(1)determine the number of directors and elect the directors as provided by Section 23.058;
(2)make, amend, and repeal bylaws of the corporation; or
(3)exercise any other power of the corporation that is conferred on the shareholders and members by the bylaws.
Legislative history
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.