Texas § 21.704 BYLAWS OF CLOSE CORPORATION.

Texas Statutes

§ 21.704 — BYLAWS OF CLOSE CORPORATION.

Texas § 21.704

Code BOBusiness Organizations Code

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Bluebook

Tex. Business Organizations Code Code Ann. § 21.704 (2026).

Text

Sec. 21.704. BYLAWS OF CLOSE CORPORATION.

(a)A close corporation does not need to adopt bylaws if provisions required by law to be contained in the bylaws are contained in the certificate of formation or a shareholders' agreement.

(b)A close corporation that does not have bylaws when it terminates its status as a close corporation under Section 21.708 shall immediately adopt bylaws that comply with Section 21.057 .

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Sec. 21.704. BYLAWS OF CLOSE CORPORATION. (a) A close corporation does not need to adopt bylaws if provisions required by law to be contained in the bylaws are contained in the certificate of formation or a shareholders' agreement.
(b) A close corporation that does not have bylaws when it terminates its status as a close corporation under Section 21.708 shall immediately adopt bylaws that comply with Section 21.057 .