(a) An administrator, executor, guardian, or conservator of an estate who holds an ownership interest as part of the estate may vote the interest, in person or by proxy, without transferring the interest into the person’s name.
(b) An ownership interest in the name of a trust may be voted in person or by proxy by:
(1) the trustee; or
(2) a person authorized to act on behalf of the trust by the trust agreement or the trustee.

Terms Used In Texas Business Organizations Code 6.154

  • Executor: A male person named in a will to carry out the decedent
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Ownership interest: means an owner's interest in an entity. See Texas Business Organizations Code 1.002
  • Person: means an individual or a corporation, partnership, limited liability company, business trust, trust, association, or other organization, estate, government or governmental subdivision or agency, or other legal entity, or a protected series or registered series of a domestic limited liability company or foreign entity. See Texas Business Organizations Code 1.002
  • Trustee: A person or institution holding and administering property in trust.
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