Tex. Bus. Orgs. Code § 22.161 · Subchapter D. MEMBERS
ELECTION OF DIRECTORS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A member entitled to vote at an election of directors is entitled to vote, in person or by proxy, for as many persons as there are directors to be elected and for whose election the member has a right to vote.
(b) If expressly authorized by the corporation's certificate of formation, the member may cumulate the member's vote by:
(1) giving one candidate a number of votes equal to the number of the directors to be elected multiplied by the member's vote; or
(2) distributing the votes on the same principle among any number of the candidates.
(c) A member who intends to cumulate votes under Subsection (b) shall give written notice of the member's intention to the secretary of the corporation not later than the day preceding the date of the election.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.22.htm
- Text hash
- sha256 4e7faff4cba403ee2b3ef5f30dfebc0c5623eef910e7dffabf1562a5964b402b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.