Sec. 22.502. RATIFICATION OF DEFECTIVE CORPORATE ACT. Subject to Section 22.509, a defective corporate act is not void or voidable solely as a result of a failure of authorization if the act is:
(1) ratified in accordance with this subchapter; or
(2) validated by the district court in a proceeding brought under Section 22.512.
Added by Acts 2019, 86th Leg., R.S., Ch. 664 (S.B. 1969), Sec. 1, eff. September 1, 2019.
Structure Texas Statutes
Chapter 22 - Nonprofit Corporations
Subchapter J. Ratification of Defective Corporate Acts; Proceedings
Section 22.502. Ratification of Defective Corporate Act
Section 22.503. Ratification of Defective Corporate Act; Adoption of Resolutions
Section 22.504. Quorum and Voting Requirements for Adoption of Resolutions
Section 22.508. Certificate of Validation
Section 22.509. Adoption of Resolutions; Effect on Defective Corporate Act
Section 22.510. Notice to Members Following Ratification of Defective Corporate Act
Section 22.511. Ratification Procedures or Court Proceedings Concerning Validation Not Exclusive
Section 22.512. Proceeding Regarding Validity of Defective Corporate Acts
Section 22.513. Exclusive Jurisdiction