Sec. 22.235. OFFICER LIABILITY. (a) An officer is not liable to the corporation or any other person for an action taken or omission made by the officer in the person's capacity as an officer unless the officer's conduct was not exercised:
(1) in good faith;
(2) with ordinary care; and
(3) in a manner the officer reasonably believes to be in the best interest of the corporation.
(b) This section shall not affect the liability of the corporation for an act or omission of the officer.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 22 - Nonprofit Corporations
Section 22.201. Management by Board of Directors
Section 22.202. Management by Members
Section 22.203. Board Member Eligibility Requirements
Section 22.204. Number of Directors
Section 22.205. Designation of Initial Board of Directors
Section 22.206. Election or Appointment of Board of Directors
Section 22.207. Election and Control by Certain Entities
Section 22.208. Term of Office
Section 22.209. Classification of Directors
Section 22.210. Non-Director Rights and Limitations
Section 22.211. Removal of Director
Section 22.2111. Resignation of Director
Section 22.214. Action by Directors
Section 22.215. Voting in Person or by Proxy
Section 22.216. Term and Revocability of Proxy
Section 22.217. Notice of Meeting; Waiver of Notice
Section 22.218. Management Committee
Section 22.219. Other Committees
Section 22.220. Action Without Meeting of Directors or Committee
Section 22.221. General Standards for Directors
Section 22.222. Religious Corporation Director's Good Faith Reliance on Certain Information
Section 22.224. Delegation of Investment Authority
Section 22.225. Loan to Director Prohibited
Section 22.226. Director Liability for Certain Distributions of Assets
Section 22.227. Dissent to or Abstention From Action
Section 22.228. Reliance on Written Opinion of Attorney
Section 22.229. Right to Contribution
Section 22.230. Contracts or Transactions Involving Interested Directors, Officers, and Members
Section 22.232. Election or Appointment of Officers
Section 22.233. Application to Church
Section 22.234. Religious Corporation Officer's Good Faith Reliance on Certain Information