Texas Transportation Code

§ 431.031 — QUORUM

TN § 431.031Title 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 quorum of a board is the lesser of:

(1)a majority of:

(A)the membership of the board under the bylaws; or

(B)if the bylaws do not provide the membership of the board, the membership of the board under the articles of incorporation; or

(2)the number, which must be more than two, set as the quorum by the articles of incorporation or the bylaws.

(b)An act of the majority of the directors present at a meeting at which there is a quorum is an act of the board, unless the act of a greater number is required by the articles of incorporation or the bylaws.

Legislative history

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