Tex. Bus. Orgs. Code § 6.153 · Subchapter D. VOTING OF OWNERSHIP INTERESTS
VOTING OF INTERESTS OWNED BY ANOTHER ENTITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An ownership interest in a domestic entity owned by another entity, whether a domestic or foreign entity, may be voted by the officer, agent, or proxy as authorized by:
(1) the governing documents of the entity that owns the interest; or
(2) the governing authority of the entity that owns the interest, if the governing documents do not provide for the manner of voting.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 35, eff. September 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.6.htm
- Text hash
- sha256 bf728c6b0c29c38ce1ba86561eb1fba6fcbd76167c8da5e13659d18ed7b343fe
- 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.