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Tex. Business Organizations Code § 21.608

This is the official text of Tex. Business Organizations Code § 21.608, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.

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§ 21.608. EFFECT ON OTHER ACTIONS.

Official statutory text

(a) This subchapter does not affect, directly or indirectly, the validity of another action by the board of directors of an issuing public corporation.

(b) This subchapter does not preclude the board of directors of an issuing public corporation from taking other action in accordance with law.

(c) The board of directors of an issuing public corporation does not incur liability for an election made or not made under this subchapter.

Status: in_force · Read it on the official government site

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