Texas Property Code

§ 221.084 — ELECTION OF INITIAL BOARD MEMBERS AND OFFICERS

PR § 221.084Title 12. MISCELLANEOUS SHARED REAL PROPERTY INTERESTS · Ch. 221. TEXAS TIMESHARE ACT · Art. I. TIMESHARE OWNERS' ASSOCIATIONS

Statute text

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(a)Not later than the termination, by expiration or surrender, of any period of developer control, the owners, including the developer to the extent of any developer-owned timeshare interests, must elect a board of at least three members. The board may include one or more representatives of the developer.

(b)The board shall elect the officers of the association.

(c)The board members and officers of the association take office on election.

Legislative history

Added by Acts 2013, 83rd Leg., R.S., Ch. 1352 (S.B. 1372), Sec. 2, eff. September 1, 2013.