Texas § BO.22.503 - RATIFICATION OF DEFECTIVE CORPORATE ACT
Full text of Texas The Texas Constitution § BO.22.503 — RATIFICATION OF DEFECTIVE CORPORATE ACT, with citation guidance and answers to common questions.
§ BO.22.503. RATIFICATION OF DEFECTIVE CORPORATE ACT
RATIFICATION OF DEFECTIVE CORPORATE ACT; ADOPTION OF RESOLUTIONS. (a) To ratify one or more defective corporate acts, the board of directors of the corporation shall adopt resolutions stating: (1) the defective corporate act or acts to be ratified; (2) the date of each defective corporate act; (3) the nature of the failure of authorization with respect to each defective corporate act to be ratified; and (4) that the board of directors approves the ratification of the defective corporate act or acts. (b) If the corporation has members with voting rights, a resolution may also state that, notwithstanding member approval of the ratification of a defective corporate act that is a subject of the resolution, the board of directors may, with respect to the defective corporate act, abandon the ratification of the defective corporate act at any time before the validation effective time without further member action. (c) If the management of the affairs of the corporation is vested in its members under Section 22.202 , the members of the corporation shall adopt resolutions stating: (1) the defective corporate act or acts to be ratified; (2) the date of each defective corporate act; (3) the nature of the failure of authorization with respect to each corporate act to be ratified; and (4) that the members approve the ratification of the defective corporate act or acts. Added by Acts 2019, 86th Leg., R.S., Ch. 664 (S.B. 1969 ), Sec. 1, eff. September 1, 2019.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.22.503
What does The Texas Constitution § BO.22.503 cover?
Section BO.22.503 ("RATIFICATION OF DEFECTIVE CORPORATE ACT") 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 § BO.22.503?
A common citation format is "The Texas Constitution § BO.22.503" (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 § BO.22.503 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.