Sec. 402.008. MEETINGS OF OWNERS AND MEMBERS; CONSENTS; VOTING OF INTERESTS. (a) Except as provided by Subsection (b) and regardless of whether a proxy or consent was executed by an owner or member before the mandatory application date, Chapter 6 and any other applicable provision of this code apply to:
(1) a meeting of owners or members held on or after the mandatory application date;
(2) an action undertaken by owners or members under a written consent that takes effect on or after the mandatory application date;
(3) a vote cast at a meeting described by Subdivision (1); and
(4) consent given for an action described by Subdivision (2).
(b) Prior law applies to a meeting of owners or members and to any vote cast at a meeting described by this section if the meeting was initially called for a date before the mandatory application date and notice of the meeting was given to owners or members entitled to vote at the meeting.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Title 8 - Miscellaneous and Transition Provisions
Chapter 402 - Miscellaneous and Transition Provisions
Section 402.001. Applicability Upon Effective Date
Section 402.002. Early Effectiveness of Fees
Section 402.003. Early Adoption of Code by Existing Domestic Entity
Section 402.004. Early Adoption of Code by Registered Foreign Filing Entity
Section 402.005. Applicability to Existing Entities
Section 402.0051. Effect of References to Prior Law and Use of Synonymous Terms
Section 402.006. Applicability to Certain Acts, Contracts, and Transactions
Section 402.007. Indemnification
Section 402.008. Meetings of Owners and Members; Consents; Voting of Interests
Section 402.009. Meetings of Governing Authority and Committees; Consents
Section 402.010. Sale of Assets, Mergers, Reorganizations, Conversions
Section 402.011. Winding Up and Termination
Section 402.012. Registration of Certain Foreign Entities