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Texas Business Organizations Code - BUS ORG § 6.153. Voting of Interests Owned by Another Entity

Current as of January 01, 2024 | Updated by FindLaw Staff

An ownership interest in a domestic entity owned by another entity, whether a domestic or foreign entity, may be voted by the officer, agent, or proxy as authorized by:

(1) the governing documents of the entity that owns the interest; or

(2) the governing authority of the entity that owns the interest, if the governing documents do not provide for the manner of voting.

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Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 6.153. Voting of Interests Owned by Another Entity - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-6-153/

Read this complete Texas Business Organizations Code - BUS ORG § 6.153. Voting of Interests Owned by Another Entity on Westlaw. Westlaw subscription required.

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