Texas § 22.221 GENERAL STANDARDS FOR DIRECTORS.

Texas Statutes

§ 22.221 — GENERAL STANDARDS FOR DIRECTORS.

Texas § 22.221

Code BOBusiness Organizations Code

This text of Texas § 22.221 (GENERAL STANDARDS FOR 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. § 22.221 (2026).

Text

Sec. 22.221. GENERAL STANDARDS FOR DIRECTORS.

(a)A director shall discharge the director's duties, including duties as a committee member, in good faith, with ordinary care, and in a manner the director reasonably believes to be in the best interest of the corporation.

(b)A director is not liable to the corporation, a member, or another person for an action taken or not taken as a director if the director acted in compliance with this section. A person seeking to establish liability of a director must prove that the director did not act:

(1)in good faith;

(2)with ordinary care; and

(3)in a manner the director reasonably believed to be in the best interest of the corporation.

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Sec. 22.221. GENERAL STANDARDS FOR DIRECTORS. (a) A director shall discharge the director's duties, including duties as a committee member, in good faith, with ordinary care, and in a manner the director reasonably believes to be in the best interest of the corporation.
(b) A director is not liable to the corporation, a member, or another person for an action taken or not taken as a director if the director acted in compliance with this section. A person seeking to establish liability of a director must prove that the director did not act:
(1) in good faith;
(2) with ordinary care; and
(3) in a manner the director reasonably believed to be in the best interest of the corporation.