Tex. Finance Code § 273.111
QUORUM; VOTING
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 273.111, QUORUM; VOTING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646903
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Full text
(a) A quorum of the board consists of not less than a majority of all directors, except that:
(1) less than a majority of all directors may adjourn from time to time; and
(2) a majority of directors holding office constitutes a quorum for filling a vacancy on the board.
(b) Each member association is entitled to one vote on a matter at a meeting of the member associations, including the election of directors. The vote must be cast by a delegate authorized to act by that association.
(c) A majority of the votes cast is required to elect a director or approve a question to be voted on by the directors.