Texas § BO.6.157 - VOTING OF JOINTLY HELD OWNERSHIP INTERESTS
Full text of Texas The Texas Constitution § BO.6.157 — VOTING OF JOINTLY HELD OWNERSHIP INTERESTS, with citation guidance and answers to common questions.
§ BO.6.157. VOTING OF JOINTLY HELD OWNERSHIP INTERESTS
VOTING OF JOINTLY HELD OWNERSHIP INTERESTS. (a) In this section, "jointly held ownership interest" means: (1) an ownership interest that is held of record in the names of two or more persons, whether fiduciaries, joint tenants, tenants in common, or otherwise; or (2) an ownership interest for which two or more persons have the right to vote the interest under Section 6.154 . (b) A jointly held ownership interest may be voted by: (1) for a jointly held ownership interest as defined by Subsection (a)(1), any one of the record owners; or (2) for a jointly held ownership interest as defined by Subsection (a)(2), any one of the persons having the right to vote the interest, as described by Section 6.154 . (c) If a jointly held ownership interest is voted by more than one person as described by Subsection (b), the act of a majority of the persons voting binds all of the record owners or persons having the right to vote the interest. (d) If a jointly held ownership interest is voted by more than one person as described by Subsection (b), and the votes of the persons are evenly split on any particular matter, each faction may vote the interest proportionately. (e) Subsection (b), (c), or (d) does not apply if the secretary or other person tabulating votes on the entity's behalf has a good faith belief, based on written information the person received regarding rights or obligations with respect to voting the jointly held ownership interest, that reliance on Subsection (b), (c), or (d), as applicable, is unwarranted. Added by Acts 2017, 85th Leg., R.S., Ch. 75 (S.B. 1518 ), Sec. 3, eff. September 1, 2017. SUBCHAPTER E. ACTION BY WRITTEN CONSENT
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.6.157
What does The Texas Constitution § BO.6.157 cover?
Section BO.6.157 ("VOTING OF JOINTLY HELD OWNERSHIP INTERESTS") 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.6.157?
A common citation format is "The Texas Constitution § BO.6.157" (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.6.157 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.