Tex. Business Organizations Code § 21.402
This is the official text of Tex. Business Organizations Code § 21.402, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 21.402. BOARD MEMBER ELIGIBILITY REQUIREMENTS.
Official statutory text
Unless the certificate of formation or bylaws of a corporation provide otherwise, a director is not required to be a resident of this state or a shareholder of the corporation. The certificate of formation or bylaws may prescribe other qualifications for directors.
Status: in_force · Read it on the official government site
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