Sec. 22.102. BYLAWS. (a) The initial bylaws of a corporation shall be adopted by the corporation's board of directors or, if the management of the corporation is vested in the corporation's members, by the members.
(b) The bylaws may contain provisions for the regulation and management of the affairs of the corporation that are consistent with law and the certificate of formation.
(c) The board of directors may amend or repeal the bylaws, or adopt new bylaws, unless:
(1) this chapter or the corporation's certificate of formation wholly or partly reserves the power exclusively to the corporation's members;
(2) the management of the corporation is vested in the corporation's members; or
(3) in amending, repealing, or adopting a bylaw, the members expressly provide that the board of directors may not amend or repeal the bylaw.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 22 - Nonprofit Corporations
Subchapter C. Formation and Governing Documents
Section 22.101. Incorporation of Certain Organizations
Section 22.103. Inconsistency Between Certificate of Formation and Bylaw
Section 22.104. Organization Meeting
Section 22.106. Procedures to Adopt Amendment to Certificate of Formation by Managing Members
Section 22.107. Procedures to Adopt Amendment to Certificate of Formation by Board of Directors
Section 22.108. Number of Amendments Subject to Vote at Meeting