Texas § 22.235 OFFICER LIABILITY.

Texas Statutes

§ 22.235 — OFFICER LIABILITY.

Texas § 22.235

Code BOBusiness Organizations Code

This text of Texas § 22.235 (OFFICER LIABILITY.) 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. § 22.235 (2026).

Text

Sec. 22.235. OFFICER LIABILITY.

(a)An officer is not liable to the corporation or any other person for an action taken or omission made by the officer in the person's capacity as an officer unless the officer's conduct was not exercised:

(1)in good faith;

(2)with ordinary care; and

(3)in a manner the officer reasonably believes to be in the best interest of the corporation.

(b)This section shall not affect the liability of the corporation for an act or omission of the officer. SUBCHAPTER F. FUNDAMENTAL BUSINESS TRANSACTIONS

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Sec. 22.235. OFFICER LIABILITY. (a) An officer is not liable to the corporation or any other person for an action taken or omission made by the officer in the person's capacity as an officer unless the officer's conduct was not exercised:
(1) in good faith;
(2) with ordinary care; and
(3) in a manner the officer reasonably believes to be in the best interest of the corporation.
(b) This section shall not affect the liability of the corporation for an act or omission of the officer.
SUBCHAPTER F. FUNDAMENTAL BUSINESS TRANSACTIONS

Victor S. Elgohary, Representatively on Behalf of Nominal Lakes on Eldridge North Community Association, Inc. v. Lakes on Eldridge North Community Association, Inc. RealManage, LLC Darla Kitchen Don Byrnes Michael Ecklund Laura Vasallo Lee John Kane Julie Ann Bennett Rick Hawthorne Cara Davis Christi Keller Jim Flanary Jill Richardson

(Court of Appeals of Texas, 2015)