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Current as of January 01, 2024 | Updated by Findlaw Staff
Except for any limitation or other requirements in the governing documents of the corporation, if a meeting of a corporation's shareholders under Section 21.351 or 21.352 is held by means of a telephone conference or other communication system authorized by Section 6.002, the meeting is considered to have satisfied the requirement of Section 6.002(a) that shareholders participating in the meeting be able to communicate with all other persons participating in the meeting if the corporation implements reasonable measures to provide each shareholder entitled to vote at the meeting, or the shareholder's proxyholder, a reasonable opportunity to:
(1) vote on matters submitted to the shareholders; and
(2) read or hear the proceedings of the meeting substantially concurrently with those proceedings.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 21.3521. Shareholder Meetings by Remote Communication - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-21-3521/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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