DecisionDepot
California legal research

Texas Business Organizations Code

§ 251.053 — BYLAWS

BO § 251.053Title 6. ASSOCIATIONS · Ch. 251. COOPERATIVE ASSOCIATIONS · Art. B. FORMATION AND GOVERNING DOCUMENTS

Statute text

View on source
(a)Unless the certificate of formation or bylaws of a cooperative association require a greater majority, the bylaws may be adopted, amended, or repealed by a majority vote of the cooperative association's members voting on the matter.
(b)Except as provided by this code, the bylaws may contain:
(1)requirements for admission to membership;
(2)requirements for disposal of a member's interest on cessation of membership;
(3)the time, place, and manner of calling and conducting meetings;
(4)the number or percentage of the members constituting a quorum;

Legislative history

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

Source: Texas Business Organizations Code § 251.053 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.