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2021 Texas Statutes
Business Organizations Code
Title 2 - Corporations
Chapter 22 - Nonprofit Corporations
Subchapter E. Management
Section 22.228. Reliance on Written Opinion of Attorney
Universal Citation: TX Bus Orgs § 22.228 (2021)
Sec. 22.228. RELIANCE ON WRITTEN OPINION OF ATTORNEY. A director is not liable under Section 22.226 or 22.227 if, in the exercise of ordinary care, the director acted in good faith and in reliance on the written opinion of an attorney for the corporation.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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