Sec. 6.156. VOTING OF PLEDGED INTERESTS  


Latest version.
  • A pledged ownership interest may be voted by:

    (1) the owner of the pledged interest until the interest is transferred into the pledgee's name; and

    (2) the pledgee after the pledged interest is transferred into the pledgee's name.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.