Texas Finance Code - FIN § 273.111. Quorum;  Voting

(a) A quorum of the board consists of not less than a majority of all directors, except that:

(b) Each member association is entitled to one vote on a matter at a meeting of the member associations, including the election of directors.  The vote must be cast by a delegate authorized to act by that association.

(c) A majority of the votes cast is required to elect a director or approve a question to be voted on by the directors.