Tex. Bus. Orgs. Code § 6.251 · Subchapter F. VOTING TRUSTS AND VOTING AGREEMENTS
VOTING TRUSTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by this code or the governing documents, any number of owners of a domestic entity may enter into a written voting trust agreement to confer on a trustee the right to vote or otherwise represent ownership or membership interests of the domestic entity.
(b) An ownership or membership interest that is the subject of a voting trust agreement described by Subsection (a) shall be transferred to the trustee named in the agreement for purposes of the agreement.
(c) A copy of a voting trust agreement described by Subsection (a) shall be deposited with the domestic entity at the domestic entity's principal executive office or registered office and is subject to examination by:
(1) an owner, whether in person or by the owner's agent or attorney, in the same manner as the owner is entitled to examine the books and records of the domestic entity; and
(2) a holder of a beneficial interest in the voting trust, whether in person or by the holder's agent or attorney, at any reasonable time for any proper purpose.
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. 38, 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 ef79ab5d88cf7997586681035071c583315075e83e3748be5d64547ad8b7166b
- 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
Cited by 6 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 6.251. Each shows the citation as that text prints it.
Business Organizations Code
- Tex. Bus. Orgs. Code § 6.252VOTING AGREEMENTS.Printed as Section 6.251
- Tex. Bus. Orgs. Code § 21.201REGISTERED HOLDERS AS OWNERS; SHARES HELD BY NOMINEES.Printed as Section 6.251, 6.252, or 21.210
- Tex. Bus. Orgs. Code § 21.218EXAMINATION OF RECORDS.Printed as Section 6.251
- Tex. Bus. Orgs. Code § 21.714SHAREHOLDERS' AGREEMENT.Printed as Section 6.251 or 6.252
- Tex. Bus. Orgs. Code § 200.151REGISTERED HOLDERS AS OWNERS.Printed as Section 6.251 or 6.252
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.