Texas Transportation Code

§ 431.028 — BOARD

TN § 431.028Title 6. ROADWAYS · Part I. TRANSPORTATION CORPORATIONS · Ch. 431. TEXAS TRANSPORTATION CORPORATION ACT · Art. B. CREATION AND OPERATION OF CORPORATION

Statute text

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(a)A corporation must have a board in which the powers of the corporation reside.

(b)The board consists of three or more directors.

(c)The commission shall appoint each director for a term that may not exceed six years.

(d)The commission may remove a director for or without cause.

(e)A director serves without compensation but is entitled to reimbursement from the corporation for expenses incurred in the performance of the director's duties.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.