Texas § 21.402 BOARD MEMBER ELIGIBILITY REQUIREMENTS.

Texas Statutes

§ 21.402 — BOARD MEMBER ELIGIBILITY REQUIREMENTS.

Texas § 21.402

Code BOBusiness Organizations Code

This text of Texas § 21.402 (BOARD MEMBER ELIGIBILITY REQUIREMENTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Business Organizations Code Code Ann. § 21.402 (2026).

Text

Sec. 21.402. BOARD MEMBER ELIGIBILITY REQUIREMENTS. 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.

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Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2025, 89th Leg., R.S., Ch. 199 (S.B. 2411 ), Sec. 26, eff. September 1, 2025.