Sec. 6.153. VOTING OF INTERESTS OWNED BY ANOTHER ENTITY. An ownership interest in a domestic entity owned by another entity, whether a domestic or foreign entity, may be voted by the officer, agent, or proxy as authorized by:
(1) the governing documents of the entity that owns the interest; or
(2) the governing authority of the entity that owns the interest, if the governing documents do not provide for the manner of voting.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 35, eff. September 1, 2007.
Structure Texas Statutes
Chapter 6 - Meetings and Voting for Domestic Entities
Subchapter D. Voting of Ownership Interests
Section 6.151. Manner of Voting of Interests
Section 6.152. Voting of Interests Owned by Entity
Section 6.153. Voting of Interests Owned by Another Entity
Section 6.154. Voting of Interests in an Estate or Trust
Section 6.155. Voting of Interests by Receiver