Texas Statutes

§ 21.654 — TERM OF OFFICE OF DIRECTORS.

Texas § 21.654
JurisdictionTexas
Code BOBusiness Organizations Code

This text of Texas § 21.654 (TERM OF OFFICE OF DIRECTORS.) 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. § 21.654 (2026).

Text

Sec. 21.654. TERM OF OFFICE OF DIRECTORS. Unless the director resigns or is removed in accordance with the certificate of formation or bylaws of the investment company, a director of an investment company shall serve as director for the term for which the director is elected and holds office until a successor is elected and qualifies.

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Legislative History

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2005, 79th Leg., Ch. 64 (H.B. 1319 ), Sec. 65, eff. January 1, 2006.

Nearby Sections

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Bluebook (online)
Texas § 21.654, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/BO/21.654.