Texas § 23.065 VOTING BY SHAREHOLDER OR MEMBER.

Texas Statutes

§ 23.065 — VOTING BY SHAREHOLDER OR MEMBER.

Texas § 23.065

Code BOBusiness Organizations Code

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Bluebook

Tex. Business Organizations Code Code Ann. § 23.065 (2026).

Text

Sec. 23.065. VOTING BY SHAREHOLDER OR MEMBER.

(a)Each shareholder of a corporation has one vote, in person or by proxy, for each share held by the shareholder.

(b)Each member of a corporation has one vote in person or by proxy.

(c)A member with a loan limit that exceeds $1,000 has one additional vote, in person or by proxy, for each additional $1,000 the member may have outstanding on loans to the corporation at any one time as determined under Section 23.068 .

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Sec. 23.065. VOTING BY SHAREHOLDER OR MEMBER. (a) Each shareholder of a corporation has one vote, in person or by proxy, for each share held by the shareholder.
(b) Each member of a corporation has one vote in person or by proxy.
(c) A member with a loan limit that exceeds $1,000 has one additional vote, in person or by proxy, for each additional $1,000 the member may have outstanding on loans to the corporation at any one time as determined under Section 23.068 .