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Texas Local Government Code - LOC GOV'T § 501.070. Action of Board; Quorum

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

(a) A quorum of a board of directors is the lesser of:

(1) a majority of the number of directors:

(A) established by the corporation's bylaws; or

(B) stated in the corporation's certificate of formation, if the bylaws do not establish the number of directors; or

(2) the number of directors, not less than three, established as a quorum by the certificate of formation or bylaws.

(b) The act of a majority of the directors present at a meeting at which a quorum is present is an act of the board of directors, unless the act of a larger number is required by the certificate of formation or bylaws of the corporation.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 501.070. Action of Board; Quorum - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-501-070/

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