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Texas Business Organizations Code

§ 3.104 — REMOVAL OF OFFICERS

BO § 3.104Title 1. GENERAL PROVISIONS · Ch. 3. FORMATION AND GOVERNANCE · Art. C. GOVERNING PERSONS AND OFFICERS

Statute text

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(a)Unless otherwise provided by the governing documents of a domestic entity, an officer may be removed for or without cause by the governing authority or as provided by the governing documents of the entity. The removal of an officer does not prejudice any contract rights of the person removed.
(b)Election or appointment of an officer does not by itself create contract rights.

Legislative history

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

Source: Texas Business Organizations Code § 3.104 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.