Texas § 431.142 AMENDMENT BY BOARD OF DIRECTORS.

Texas Statutes

§ 431.142 — AMENDMENT BY BOARD OF DIRECTORS.

Texas § 431.142

Code TNTransportation Code

This text of Texas § 431.142 (AMENDMENT BY BOARD OF 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. Transportation Code Code Ann. § 431.142 (2026).

Text

Sec. 431.142. AMENDMENT BY BOARD OF DIRECTORS.

(a)The board at any time may file with the commission a written application requesting that the commission approve an amendment to the articles of incorporation.

(b)The application must specify the proposed amendment.

(c)The board shall amend the articles if the commission by resolution:

(1)determines that it is advisable to adopt the proposed amendment;

(2)authorizes the adoption of the amendment; and

(3)approves the form of the amendment.

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Sec. 431.142. AMENDMENT BY BOARD OF DIRECTORS. (a) The board at any time may file with the commission a written application requesting that the commission approve an amendment to the articles of incorporation.
(b) The application must specify the proposed amendment.
(c) The board shall amend the articles if the commission by resolution:
(1) determines that it is advisable to adopt the proposed amendment;
(2) authorizes the adoption of the amendment; and
(3) approves the form of the amendment.