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Texas Business Organizations Code

§ 3.2535 — ACTIONS DURING EMERGENCY PERIOD

BO § 3.2535Title 1. GENERAL PROVISIONS · Ch. 3. FORMATION AND GOVERNANCE · Art. F. EMERGENCY GOVERNANCE

Statute text

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(a)Except as otherwise limited or prohibited by the domestic entity's governing documents or except as provided by Subsection (b), the governing authority of a domestic entity may take an emergency action during an emergency period without satisfying the requirements of the entity's governing documents or this code that apply outside of an emergency period with respect to:
(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 a meeting of the governing persons; and
(4)any other procedural requirements for action at a meeting of the governing persons.
(b)Subsection (a) does not apply to an action by the governing authority of a domestic entity:

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 39 (S.B. 1203), Sec. 9, eff. September 1, 2021.

Source: Texas Business Organizations Code § 3.2535 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.