DecisionDepot
California legal research

Texas Business Organizations Code

§ 6.101 — RECORD DATE FOR PURPOSE OTHER THAN WRITTEN CONSENT TO ACTION

BO § 6.101Title 1. GENERAL PROVISIONS · Ch. 6. MEETINGS AND VOTING FOR DOMESTIC ENTITIES · Art. C. RECORD DATES

Statute text

View on source
(a)Subject to this code, the governing documents of a domestic entity may provide the record date, or the manner of determining the record date, for:
(1)determining the owners or members of the entity entitled to:
(A)receive notice of a meeting of the owners or members;
(B)vote at a meeting of the owners or members or at any adjournment of a meeting; or
(C)receive a distribution from the entity other than a distribution involving a purchase or redemption by the entity of the entity's own securities; or
(2)any other proper purpose other than for determining the owners or members entitled to consent to action without a meeting of the owners or members.

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 32, eff. September 1, 2007. Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 2, eff. September 1, 2011.

Source: Texas Business Organizations Code § 6.101 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.