Tex. Business Organizations Code § 101.253
This is the official text of Tex. Business Organizations Code § 101.253, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 101.253. DESIGNATION OF COMMITTEES; DELEGATION OF AUTHORITY.
Official statutory text
(a) The governing authority of a limited liability company by resolution may designate:
(1) one or more committees of the governing authority consisting of one or more governing persons of the company; and
(2) subject to any limitation imposed by the governing authority, a governing person to serve as an alternate member of a committee designated under Subdivision (1) at a committee meeting from which a member of the committee is absent or disqualified.
(b) A committee of the governing authority of a limited liability company may exercise the authority of the governing authority as provided by the resolution designating the committee.
(c) The designation of a committee under this section does not relieve the governing authority of any responsibility imposed by law.
(1) one or more committees of the governing authority consisting of one or more governing persons of the company; and
(2) subject to any limitation imposed by the governing authority, a governing person to serve as an alternate member of a committee designated under Subdivision (1) at a committee meeting from which a member of the committee is absent or disqualified.
(b) A committee of the governing authority of a limited liability company may exercise the authority of the governing authority as provided by the resolution designating the committee.
(c) The designation of a committee under this section does not relieve the governing authority of any responsibility imposed by law.
Status: in_force · Read it on the official government site
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