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Texas Business Organizations Code

§ 6.154 — VOTING OF INTERESTS IN AN ESTATE OR TRUST

BO § 6.154Title 1. GENERAL PROVISIONS · Ch. 6. MEETINGS AND VOTING FOR DOMESTIC ENTITIES · Art. D. VOTING OF OWNERSHIP INTERESTS

Statute text

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(a)An administrator, executor, guardian, or conservator of an estate who holds an ownership interest as part of the estate may vote the interest, in person or by proxy, without transferring the interest into the person's name.
(b)An ownership interest in the name of a trust may be voted in person or by proxy by:
(1)the trustee; or
(2)a person authorized to act on behalf of the trust by the trust agreement or the trustee. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 36, eff. September 1, 2007.

Source: Texas Business Organizations Code § 6.154 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.