Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 2. CORPORATIONS |
Chapter 21. FOR-PROFIT CORPORATIONS |
Subchapter B. FORMATION AND GOVERNING DOCUMENTS |
Sec. 21.054. ADOPTION OF AMENDMENT BY SHAREHOLDERS
Latest version.
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If a corporation has issued and outstanding shares:
(1) a resolution described by Section 21.052 must also direct that the proposed amendment be submitted to a vote of the shareholders at a meeting; and
(2) the shareholders must approve the proposed amendment in the manner provided by Section 21.055.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.