Tex. Loc. Gov't Code § 303.036 · Subchapter B. CREATION AND OPERATION OF PUBLIC FACILITY CORPORATION
OFFICERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The officers of a corporation are:
(1) the president, vice president, and secretary; and
(2) other officers, including a treasurer, and assistant officers considered necessary.
(b) An officer is elected or appointed at the time, in the manner, and for the term provided by the articles of incorporation or bylaws, except that an officer's term may not exceed three years. If the articles of incorporation or bylaws do not contain those requirements, the board of directors shall elect or appoint each officer annually.
(c) A person may simultaneously hold more than one office, except that the same person may not simultaneously hold the offices of president and secretary.
(d) An officer may be removed by the persons authorized to elect or appoint the officer if those persons believe the best interests of the corporation will be served by the removal.
(e) A director who is a member of the governing body or an officer or employee of the sponsor is eligible to serve as an officer of the corporation.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.303.htm
- Text hash
- sha256 0331bedaa133e3b954fe718f6d8bab6a5a61f5d4e885025810c960ef8eb797ae
- 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.