Texas § IN.829.107 - APPROVAL OF PLAN BY ELIGIBLE MEMBERS
Full text of Texas The Texas Constitution § IN.829.107 — APPROVAL OF PLAN BY ELIGIBLE MEMBERS, with citation guidance and answers to common questions.
§ IN.829.107. APPROVAL OF PLAN BY ELIGIBLE MEMBERS
APPROVAL OF PLAN BY ELIGIBLE MEMBERS. (a) After notice that complies with this chapter, the converting exchange may convene a meeting to consider the conversion plan, and any eligible member entitled to vote on the proposed conversion plan may vote in person or by proxy at the meeting. Except as otherwise provided in the bylaws of the converting exchange, each eligible member may cast one vote. (b) Adoption of the conversion plan requires the affirmative vote of at least two-thirds of the votes cast by eligible members. Added by Acts 2007, 80th Leg., R.S., Ch. 412 (S.B. 1056 ), Sec. 1, eff. June 15, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.829.107
What does The Texas Constitution § IN.829.107 cover?
Section IN.829.107 ("APPROVAL OF PLAN BY ELIGIBLE MEMBERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.829.107?
A common citation format is "The Texas Constitution § IN.829.107" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.829.107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.