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Tex. Bus. Orgs. Code § 6.153

VOTING OF INTERESTS OWNED BY ANOTHER ENTITY

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff

An ownership interest in a domestic entity owned by another entity, whether a domestic or foreign entity, may be voted by the officer, agent, or proxy as authorized by:

(1) the governing documents of the entity that owns the interest; or

(2) the governing authority of the entity that owns the interest, if the governing documents do not provide for the manner of voting.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.