Tex. Bus. Orgs. Code Section 23.059
Term of Office; Vacancy

(a)

A director of a corporation holds office until the next annual election of directors and until a successor is elected and qualified, unless the director is removed at an earlier date in accordance with the corporation’s bylaws.

(b)

A vacancy in the office of a director elected by the members shall be filled by the directors elected by the members, and a vacancy in the office of a director elected by the shareholders shall be filled by the directors elected by the shareholders.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Section 23.059 — Term of Office; Vacancy, https://statutes.­capitol.­texas.­gov/Docs/BO/htm/BO.­23.­htm#23.­059 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 23.059’s source at texas​.gov