Current as of April 14, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
The shareholders and members of a corporation may:
(1) determine the number of directors and elect the directors as provided by Section 23.058;
(2) make, amend, and repeal bylaws of the corporation; or
(3) exercise any other power of the corporation that is conferred on the shareholders and members by the bylaws.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 23.064. Powers of Shareholders and Members - last updated April 14, 2021 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-23-064/
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 or via Westlaw before relying on it for your legal needs.
Was this helpful?