Sec. 501.064. BYLAWS  


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  • (a) A corporation may adopt and amend bylaws for the administration and regulation of the corporation's affairs.

    (b) The board of directors shall adopt a corporation's initial bylaws.

    (c) The bylaws and each amendment of the bylaws must:

    (1) be consistent with state law and with the certificate of formation of the corporation; and

    (2) be approved by resolution of the governing body of the corporation's authorizing unit.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 3.01, eff. April 1, 2009.