Sec. 21.713. MANAGEMENT. A close corporation shall be managed: (1) by a board of directors in the same manner an ordinary corporation would be managed under this chapter; or (2) in the manner provided by the close corporation's certificate of formation or by a shareholders' agreement of the close corporation. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Management
Tex. Business Organizations Code § 21.713, under Chapter 21.
Tex. Business Organizations Code § 21.713