Tex. Fin. Code § 273.103 · Subchapter B. ORGANIZATION OF CORPORATION
EXECUTIVE COMMITTEE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The plan of operation of the corporation may authorize the board to create an executive committee consisting of three or more directors.
(b) An act of the executive committee is as effective as an act of the board if the act is authorized by the plan of operation and is within the authority delegated to the committee.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.273.htm
- Text hash
- sha256 2b24bca64f5daa9eae2dded959bd3818d14ef324c6db312e29eec70de8d52c0f
- 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.