Texas Local Government Code Chapter 505 > Subchapter B – Governance of Corporation
Current as of: 2024 | Check for updates
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Other versions
| § 505.051 | Board of Directors |
| § 505.052 | Restriction On Board Membership |
| § 505.053 | Officers |
| § 505.054 | Quorum |
| § 505.055 | Location of Board Meetings |
| § 505.056 | Restrictions On Registered Agent and Office |
Terms Used In Texas Local Government Code Chapter 505 > Subchapter B - Governance of Corporation
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
- Quorum: The number of legislators that must be present to do business.