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2023 Texas Statutes
Business Organizations Code
Title 2 - Corporations
Chapter 21 - For-Profit Corporations
Subchapter I. Board of Directors
Section 21.413. Quorum
Universal Citation: TX Bus Orgs § 21.413 (2023)
Sec. 21.413. QUORUM. (a) A quorum of the board of directors is the majority of the number of directors set or established in the manner provided by the certificate of formation or bylaws of a corporation unless the laws of this state, the certificate of formation, or the bylaws require a different number or portion.
(b) Neither the certificate of formation nor the bylaws may provide that less than one-third of the number of directors constitutes a quorum.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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