Business Organizations Code § 21.726
This section says close-corporation shareholders can be treated as directors in some chapter provisions, except director-election and removal rules, and a filing requirement can be met by stating there is no board and the action was approved by shareholders or authorized managers.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
corporate governance filings to governmental agencies shareholder status
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Business Organizations Code § 21.726
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