Texas § 273.111 QUORUM; VOTING.

Texas Statutes

§ 273.111 — QUORUM; VOTING.

Texas § 273.111

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 273.111 (2026).

Text

Sec. 273.111. QUORUM; VOTING.

(a)A quorum of the board consists of not less than a majority of all directors, except that:

(1)less than a majority of all directors may adjourn from time to time; and

(2)a majority of directors holding office constitutes a quorum for filling a vacancy on the board.

(b)Each member association is entitled to one vote on a matter at a meeting of the member associations, including the election of directors. The vote must be cast by a delegate authorized to act by that association.

(c)A majority of the votes cast is required to elect a director or approve a question to be voted on by the directors. SUBCHAPTER C. OPERATION OF CORPORATION

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Sec. 273.111. QUORUM; VOTING. (a) A quorum of the board consists of not less than a majority of all directors, except that:
(1) less than a majority of all directors may adjourn from time to time; and
(2) a majority of directors holding office constitutes a quorum for filling a vacancy on the board.
(b) Each member association is entitled to one vote on a matter at a meeting of the member associations, including the election of directors. The vote must be cast by a delegate authorized to act by that association.
(c) A majority of the votes cast is required to elect a director or approve a question to be voted on by the directors.
SUBCHAPTER C. OPERATION OF CORPORATION