Section 21.414 - Dissent to or Abstention From Action(a) A director of a corporation who is present at a meeting of the board of directors at which action has been taken is presumed to have assented to the action taken unless: (1) the director's dissent or abstention has been entered in the minutes of the meeting;(2) the director has filed a written dissent or abstention with respect to the action with the person acting as the secretary of the meeting before the meeting is adjourned; or(3) the director has sent to the secretary of the corporation, within a reasonable time after the meeting has been adjourned, a written dissent or abstention by:(A) certified or registered mail, return receipt requested; or(B) other means specified in the corporation's governing documents.(b) A director who voted in favor of an action may not dissent or abstain with respect to the action.Tex. Bus. Org. Code § 21.414
Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 75,Sec. 11, eff. 9/1/2017. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.