COMPENSATION; REIMBURSEMENT.

Tex. BUS. & COM Code § 671.055.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A board member serves without compensation but is entitled to reimbursement for necessary expenses incurred in the performance of duties as a member. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 2.01, eff. April 1, 2009. SUBCHAPTER C. POWERS AND DUTIES
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

Starting a business in Texas? Texas LLC guide: costs and requirements