152.053 – BOARD OF DIRECTORS. (a) The board of directors
Texas Water Code § 152.053
Summary
This law outlines the appointment and governance structure of a corporation created by a river authority. It specifies that the river authority's board of directors appoints the corporation's directors, who serve at the board's discretion.
River authority appoints corporation directors.
Members of the river authority can also serve on the corporation's board.
Directors serve at the will of the river authority's board.
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In simple terms: Learn about Texas's BOARD OF DIRECTORS. (a) The board of directors law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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