Quorum; Voting

Sec. 273.111. QUORUM; VOTING. (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. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. SUBCHAPTER C. OPERATION OF CORPORATION