Tex. Business Organizations Code § 23.057
This is the official text of Tex. Business Organizations Code § 23.057, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 23.057. MANAGEMENT BY BOARD OF DIRECTORS; NUMBER OF DIRECTORS.
Official statutory text
(a) The organization, control, and management of a corporation are vested in a board of directors. The board must consist of not fewer than 15 and not more than 21 directors.
(b) The board of directors may exercise any power of the corporation not conferred on the shareholders or members by law or by the corporation's bylaws.
(b) The board of directors may exercise any power of the corporation not conferred on the shareholders or members by law or by the corporation's bylaws.
Status: in_force · Read it on the official government site
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