(a) Except as provided by this chapter or the bylaws, action may be taken by the affirmative vote of a majority of the directors present at a meeting.
(b) The following are valid only if authorized or ratified by the affirmative vote of at least five directors:
(1) a contract that involves an amount greater than $10,000 or has a duration of more than one year;
(2) a bond, note, or other evidence of indebtedness; or
(3) an amendment of the bylaws.

Terms Used In Texas Special District Local Laws Code 8506.055

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Year: means 12 consecutive months. See Texas Government Code 311.005
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