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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Except as otherwise limited or prohibited by the domestic entity's governing documents or except as provided by Subsection (b), the governing authority of a domestic entity may take an emergency action during an emergency period without satisfying the requirements of the entity's governing documents or this code that apply outside of an emergency period with respect to:
(1) procedures for calling a meeting of the governing persons;
(2) the necessity of a quorum for action by vote at a meeting of the governing persons;
(3) minimum requirements for participation at a meeting of the governing persons; and
(4) any other procedural requirements for action at a meeting of the governing persons.
(b) Subsection (a) does not apply to an action by the governing authority of a domestic entity:
(1) to amend the entity's governing documents; or
(2) that must be approved by a separate vote of the owners or members of the entity in accordance with the requirements of the entity's governing documents or this code that apply outside of an emergency period.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 3.2535. Actions During Emergency Period - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-3-2535/
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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