Texas Statutes

§ 8506.055 — VOTING REQUIREMENT.

Texas § 8506.055
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 8506.055 (VOTING REQUIREMENT.) 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. Special District Local Laws Code Code Ann. § 8506.055 (2026).

Text

Sec. 8506.055. VOTING REQUIREMENT.

(a)Except as provided by this chapter or the bylaws, action may be taken by the affirmative vote of a majority of the directors present at a meeting.
(b)The following are valid only if authorized or ratified by the affirmative vote of at least five directors:
(1)a contract that involves an amount greater than $10,000 or has a duration of more than one year;
(2)a bond, note, or other evidence of indebtedness; or
(3)an amendment of the bylaws.

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Legislative History

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.05, eff. April 1, 2017.

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Bluebook (online)
Texas § 8506.055, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8506.055.