Tex. Business Organizations Code § 22.213
This is the official text of Tex. Business Organizations Code § 22.213, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 22.213. QUORUM.
Official statutory text
(a) A quorum for the transaction of business by the board of directors of a corporation is the lesser of:
(1) the majority of the number of directors set by the corporation's bylaws or, in the absence of a bylaw setting the number of directors, a majority of the number of directors stated in the corporation's certificate of formation; or
(2) any number, not less than three, set as a quorum by the certificate of formation or bylaws.
(b) A director present by proxy at a meeting may not be counted toward a quorum.
(1) the majority of the number of directors set by the corporation's bylaws or, in the absence of a bylaw setting the number of directors, a majority of the number of directors stated in the corporation's certificate of formation; or
(2) any number, not less than three, set as a quorum by the certificate of formation or bylaws.
(b) A director present by proxy at a meeting may not be counted toward a quorum.
Status: in_force · Read it on the official government site
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