Texas Transportation Code

§ 431.030 — BYLAWS

TN § 431.030Title 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)The board shall adopt the initial bylaws of a corporation. The commission, by resolution, must approve the initial bylaws.

(b)A corporation may change its bylaws only with the approval of the commission.

Legislative history

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