Texas Finance Code - FIN § 92.158. Voting Rights

(a) The voting rights of a person entitled to vote at an annual or special meeting of a savings bank are the same as those of a shareholder of a domestic business corporation under the Texas Business Corporation Act.

(b) The bylaws of a savings bank must specify the voting requirements, including quorum requirements, for conducting business at a meeting of the members or shareholders.

(c) The bylaws of a savings bank must provide for the voting rights of the members or shareholders.  The bylaws must provide the manner of computing the number of votes that a member or shareholder is entitled to cast.  The bylaws of a capital stock savings bank may provide that only shareholders may vote.

(d) Voting may be in person or by proxy.  A proxy must be in writing and signed by the member or shareholder or the member's or shareholder's duly authorized attorney-in-fact and be filed with the secretary of the savings bank.  Unless otherwise specified in the proxy, a proxy continues until: