Sec. 303.038. BYLAWS. (a) The board of directors shall adopt a 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 sponsor's governing body by resolution.
(b) The bylaws may contain any provision for the regulation and management of the corporation's affairs consistent with law and the articles of incorporation.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 9 - Public Buildings and Grounds
Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government
Chapter 303 - Public Facility Corporations
Subchapter B. Creation and Operation of Public Facility Corporation
Section 303.021. Authority to Create
Section 303.022. Creation Under Other Law
Section 303.024. Articles of Incorporation
Section 303.025. Certificate of Incorporation; Beginning of Corporate Existence
Section 303.026. Organizational Meeting
Section 303.028. Certificate of Amendment
Section 303.029. Restated Articles of Incorporation
Section 303.030. Restated Certificate of Incorporation
Section 303.031. Registered Office and Agent
Section 303.032. Change of Registered Office or Agent
Section 303.033. Resignation of Registered Agent
Section 303.034. Agents for Service
Section 303.037. Indemnification
Section 303.040. Meetings; Quorum
Section 303.041. Corporation's General Powers
Section 303.044. Open Meetings; Open Records
Section 303.045. Alteration of Corporation or Activities