Tex. Bus. Orgs. Code § 22.510 · Subchapter J. RATIFICATION OF DEFECTIVE CORPORATE ACTS; PROCEEDINGS
NOTICE TO MEMBERS FOLLOWING RATIFICATION OF DEFECTIVE CORPORATE ACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If the management of the affairs of a corporation is vested in its members under Section 22.202 or if a corporation has members with voting rights, for each defective corporate act ratified by the governing authority under Sections 22.503 and 22.504, notice of the ratification shall be given promptly to:
(1) each member having voting rights as of the date the governing authority adopted the resolutions ratifying the defective corporate act; or
(2) each member having voting rights as of a date not later than the 60th day after the date of adoption, as established by the governing authority.
(b) Notice under this section shall be sent to the address of a member described by Subsection (a)(1) or (a)(2) as the address appears or most recently appeared, as appropriate, on the records of the corporation.
(c) Notice under this section shall also be given to each member having voting rights as of the time of the defective corporate act, except that notice is not required to be given to a member whose identity or address cannot be ascertained from the corporation's records.
(d) The notice must contain:
(1) copies of the resolutions adopted by the governing authority under Section 22.503 or the information required by Sections 22.503(a)(1)-(4) or 22.503(c)(1)-(4), as applicable; and
(2) a statement that, on ratification of the defective corporate act made in accordance with this subchapter, the member's right to challenge the defective corporate act is limited to an action claiming that a court of appropriate jurisdiction, in its discretion, should declare:
(A) that the ratification not take effect or that it take effect only on certain conditions, if the action is filed not later than the 120th day after the later of the applicable validation effective time or the time at which the notice required by this section is given; or
(B) that the ratification was not accomplished in accordance with this subchapter.
(e) Notwithstanding Subsections (a)-(d), notice is not required to be given under this section to a person if notice of the ratification of the defective corporate act is given to that person in accordance with Section 22.506.
(f) For purposes of Sections 22.505, 22.506, and 22.507 and this section, notice to members with voting rights as of the time of the defective corporate act shall be treated as notice to such members for purposes of Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156.
(g) If the ratification of a defective corporate act has been approved by the members acting under Section 6.202, the notice required by this section may be included in any notice required to be given under Section 6.202(d) and, if included:
(1) shall be sent to the members entitled to the notice under Section 6.202(d) and all other members otherwise entitled to the notice under Subsection (a); and
(2) is not required to be sent to members who signed a consent described by Section 6.202(b).
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 664 (S.B. 1969), Sec. 1, eff. September 1, 2019.
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 2822c1f9551e8657b104609e56a4f574cba25819d30d0a7066fc332cf90ea6ab
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business Organizations Code
- Tex. Bus. Orgs. Code § 6.051GENERAL NOTICE REQUIREMENTS.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.052WAIVER OF NOTICE.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.053EXCEPTION.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.201UNANIMOUS WRITTEN CONSENT TO ACTION.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.202ACTION BY LESS THAN UNANIMOUS WRITTEN CONSENT.Printed as Section 6.202 | Section 6.202(b) | Section 6.202(d) | Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.203DELIVERY OF LESS THAN UNANIMOUS WRITTEN CONSENT.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.204ADVANCE NOTICE NOT REQUIRED.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 6.205REPRODUCTION OR ELECTRONIC TRANSMISSION OF CONSENT.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 22.156NOTICE OF MEETING.Printed as Sections 6.051, 6.052, 6.053, 6.201, 6.202, 6.203, 6.204, 6.205, and 22.156
- Tex. Bus. Orgs. Code § 22.202MANAGEMENT BY MEMBERS.Printed as Section 22.202
- Tex. Bus. Orgs. Code § 22.503RATIFICATION OF DEFECTIVE CORPORATE ACT; ADOPTION OF RESOLUTIONS.Printed as Section 22.503 | Sections 22.503 and 22.504 | Sections 22.503(a)(1)
- Tex. Bus. Orgs. Code § 22.504QUORUM AND VOTING REQUIREMENTS FOR ADOPTION OF RESOLUTIONS.Printed as Sections 22.503 and 22.504
- Tex. Bus. Orgs. Code § 22.505APPROVAL OF RATIFIED DEFECTIVE CORPORATE ACT BY MEMBERS WITH VOTING RIGHTS REQUIRED; EXCEPTION.Printed as Sections 22.505, 22.506, and 22.507
- Tex. Bus. Orgs. Code § 22.506NOTICE REQUIREMENTS FOR RATIFIED DEFECTIVE CORPORATE ACT SUBMITTED FOR APPROVAL OF MEMBERS WITH VOTING RIGHTS.Printed as Section 22.506 | Sections 22.505, 22.506, and 22.507
- Tex. Bus. Orgs. Code § 22.507QUORUM AND VOTING FOR APPROVAL OF RATIFIED DEFECTIVE CORPORATE ACT AT MEETING OF MEMBERS WITH VOTING RIGHTS.Printed as Sections 22.505, 22.506, and 22.507
Cited by 1 provision
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 22.510. Each shows the citation as that text prints it.
Business Organizations Code
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