EFFECT OF EMERGENCY ACTION.

Tex. BUS. ORGS Code § 3.255.
in effect
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An emergency action taken by the governing persons of a domestic entity in accordance with the entity's governing documents or Section 3.2535 , if taken in good faith and based on the reasonable belief that the emergency action was in the entity's best interest: (1) is binding on the entity; and (2) may not be used to impose liability on a managerial official, employee, or agent of the entity. Added by Acts 2009, 81st Leg., R.S., Ch. 84 (S.B. 1442 ), Sec. 4, eff. September 1, 2009.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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