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Texas Corporations: Add or Remove Shareholders, …

    https://www.amerilawyer.com/blog/texas-corporation-changes/
    Officers are people that handle the daily activities within a corporation. The process of adding or removing corporate officers gets established during incorporation in Texas through a legal document called the bylaws. Corporate bylaws address how your corporation adds or removes individuals from the officer role.

Management and Ownership FAQs - Texas Secretary of …

    https://www.sos.state.tx.us/corp/managementinfofaqs.shtml
    The Texas Business Organizations Code requires that for-profit corporations and professional corporations have at least one director, one president, and one secretary. A single person can be the president, secretary, sole director, and sole shareholder.

Corporate Fiduciary Duties in Texas - Shareholder Law Blog

    https://shareholderoppression.com/blog/corporate-fiduciary-duties-in-texas
    Corporate Fiduciary Duties in Texas “Corporation officers and directors are fiduciaries.” “Directors, or those acting as directors, owe a fiduciary duty to the corporation in their directorial actions.” Traditional Formulation of Fiduciary Duties Under the traditional formulation, corporate fiduciary duties constitute three separate duties.

Business Services - Texas Secretary of State

    https://www.sos.state.tx.us/corp/
    The Corporations Section is responsible for the receipt, filing and permanent maintenance and retention of documents that create or affect business organizations and non-profit entities under the following Texas statutes: Assumed Business or Professional Name Act Business Organizations Code Finance Code Chapters 62, 92, 201 Estates Code §505

Texas Businesses List: Companies Headquartered in Texas

    https://www.ranker.com/list/companies-headquartered-in-texas/the-working-man
    This list, however, is mostly focused on the largest corporations in the state of Texas. 7-Eleven Convenience Stores Acme Brick Company Advantage Rent a Car Affiliated Computer Services Information technology, Financial Services, Business process outsourcing Affiliated Foods Supermarket VALIC Air Liquide America L.P. Alliance Data Systems

Texas Business Organizations Code 22.231 – Officers

    https://www.lawserver.com/law/state/texas/tx-codes/texas_business_organizations_code_22-231
    (a) The officers of a corporation shall include a president and a secretary and may include one or more vice presidents, a treasurer, and other officers and assistant officers as considered necessary. Any two or more offices, other than the offices of president and secretary, may be held by the same person.

Texas Corporate Fiduciary Duties and Related Procedures

    https://www.texascommerciallitigator.blog/2018/10/texas-corporate-fiduciary-duties-related-procedures.html
    In conclusion, Texas corporate officers and directors must strictly comply with their fiduciary duties including the duty of loyalty. These issues can be addressed in advance in a manner that will protect the officers and directors from …

BUSINESS ORGANIZATIONS CODE CHAPTER 21. FOR …

    https://statutes.capitol.texas.gov/Docs/BO/htm/BO.21.htm
    If an officer or agent of a corporation is unable to comply with the duties prescribed by Sections 21.354 and 21.372 because the officer or agent did not receive notice of a meeting of shareholders within a sufficient time before the date of the meeting, the corporation, rather than the officer or agent, is liable to a shareholder who suffers ...

Responsibilities of Officers and Directors under Texas and …

    https://www.jw.com/wp-content/uploads/2016/09/863.pdf
    corporate disclosures made pursuant to the securities laws. 2 While SOX and related changes to SEC rules and stock ex­ change listing requirements have mandated changes in corpo­ rate governance practices, our focus will be on state corporate statutes and common law. 3 Our focus will be in the context of

FIDUCIARY DUTIES, EXCULPATION, AND …

    https://www.baylor.edu/law/facultystaff/doc.php/117971.pdf
    As one court has summed up Texas law in this area, “Texas courts have refused to impose personal liability on corporate directors for illegal or ultra vires acts of corporate agents unless the directors either participated in the act or had actual knowledge of the act.” Resolution Trust Corp. v. Norris, 830 F. Supp. 351, 357 (S.D. Tex. 1993 ...

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