Sec. 221.027. BYLAWS. (a) The board of directors shall adopt a development corporation's initial bylaws and may amend or repeal the bylaws or adopt new bylaws. The bylaws and each amendment and repeal of the bylaws must be approved by the sponsoring entity's governing body by resolution.
(b) The bylaws may contain any provision for the regulation and management of the development corporation's affairs consistent with law and the articles of incorporation.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle A - Financing, Constructing, Regulating, and Inspecting Health Facilities
Chapter 221 - Health Facilities Development Act
Subchapter B. Creation and Operation of Development Corporation
Section 221.011. Authority to Create
Section 221.013. Articles of Incorporation
Section 221.014. Certificate of Incorporation
Section 221.015. Organizational Meeting
Section 221.017. Certificate of Amendment
Section 221.018. Restated Articles of Incorporation
Section 221.019. Restated Certificate of Incorporation
Section 221.020. Registered Office and Agent
Section 221.021. Change of Registered Office or Agent
Section 221.022. Resignation of Registered Agent
Section 221.023. Agents for Service
Section 221.026. Indemnification
Section 221.029. Meetings; Action Without Meeting
Section 221.030. Corporation's General Powers
Section 221.031. Conveyance of Land
Section 221.032. Perfection of Security Interest
Section 221.035. Alteration of Development Corporation or Activities