Tex. Business Organizations Code § 21.414
DISSENT TO OR ABSTENTION FROM ACTION
Texas · Texas Business Organizations Code · Status: effective
Cite this
- Citation
- Tex. Business Organizations Code § 21.414, DISSENT TO OR ABSTENTION FROM ACTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583541
- Permanent ID
ys:prov:583541@1- SHA-256
835d0156f200ca6ec2118bc8ccad4719baa43ce9cfe151de5f75b1f6835ed92f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) A director of a corporation who is present at a meeting of the board of directors at which action has been taken is presumed to have assented to the action taken unless:
(1) the director's dissent or abstention has been entered in the minutes of the meeting;
(2) the director has filed a written dissent or abstention with respect to the action with the person acting as the secretary of the meeting before the meeting is adjourned; or
(3) the director has sent to the secretary of the corporation, within a reasonable time after the meeting has been adjourned, a written dissent or abstention by:
(A) certified or registered mail, return receipt requested; or
(B) other means specified in the corporation's governing documents.
(b) A director who voted in favor of an action may not dissent or abstain with respect to the action.