Tex. Fin. Code § 273.111

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 273.111 - Quorum; Voting
(a) A quorum of the board consists of not less than a majority of all directors, except that:
(1) less than a majority of all directors may adjourn from time to time; and
(2) a majority of directors holding office constitutes a quorum for filling a vacancy on the board.
(b) Each member association is entitled to one vote on a matter at a meeting of the member associations, including the election of directors. The vote must be cast by a delegate authorized to act by that association.
(c) A majority of the votes cast is required to elect a director or approve a question to be voted on by the directors.

Tex. Fin. Code § 273.111

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.