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Texas Business Organizations Code

§ 3.252 — PROVISIONS IN GOVERNING DOCUMENTS

BO § 3.252Title 1. GENERAL PROVISIONS · Ch. 3. FORMATION AND GOVERNANCE · Art. F. EMERGENCY GOVERNANCE

Statute text

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(a)The governing persons and, if applicable, the owners or members of a domestic entity may adopt provisions in the domestic entity's governing documents regarding emergency actions, including provisions that apply only during an emergency period that authorize, limit, or prohibit:
(1)procedures for calling a meeting of the governing persons;
(2)the necessity of a quorum for action by vote at a meeting of the governing persons;
(3)minimum requirements for participation at the meeting of the governing persons; and
(4)the designation of additional or substitute governing persons.
(b)Any provisions in a domestic entity's governing documents that apply only during an emergency period must be adopted in accordance with:

Legislative history

Acts 2021, 87th Leg., R.S., Ch. 39 (S.B. 1203), Sec. 8, eff. September 1, 2021.

Source: Texas Business Organizations Code § 3.252 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.