Sec. 22.509. ADOPTION OF RESOLUTIONS; EFFECT ON DEFECTIVE CORPORATE ACT. On or after the validation effective time, unless determined otherwise in an action brought under Section 22.512, each defective corporate act ratified in accordance with this subchapter may not be considered void or voidable as a result of the failure of authorization described by the resolutions adopted under Sections 22.503 and 22.504, and the effect shall be retroactive to the time of the defective corporate act.
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