Tex. Codes » Business Organizations Code · TITLE 1. GENERAL PROVISIONS · CHAPTER 6. MEETINGS AND VOTING FOR DOMESTIC ENTITIES
Texas Codes

Tex. Bus. Orgs. Code § 6.157 (2026)

Voting Of Jointly Held Ownership Interests

✓ current as of May 2026
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Sec. 6.157. VOTING OF JOINTLY HELD OWNERSHIP INTERESTS. (a) In this section, "jointly held ownership interest" means:

(1) an ownership interest that is held of record in the names of two or more persons, whether fiduciaries, joint tenants, tenants in common, or otherwise; or

(2) an ownership interest for which two or more persons have the right to vote the interest under Section 6.154.

(b) A jointly held ownership interest may be voted by:

(1) for a jointly held ownership interest as defined by Subsection (a)(1), any one of the record owners; or

(2) for a jointly held ownership interest as defined by Subsection (a)(2), any one of the persons having the right to vote the interest, as described by Section 6.154.

(c) If a jointly held ownership interest is voted by more than one person as described by Subsection (b), the act of a majority of the persons voting binds all of the record owners or persons having the right to vote the interest.

(d) If a jointly held ownership interest is voted by more than one person as described by Subsection (b), and the votes of the persons are evenly split on any particular matter, each faction may vote the interest proportionately.

(e) Subsection (b), (c), or (d) does not apply if the secretary or other person tabulating votes on the entity's behalf has a good faith belief, based on written information the person received regarding rights or obligations with respect to voting the jointly held ownership interest, that reliance on Subsection (b), (c), or (d), as applicable, is unwarranted.

Added by Acts 2017, 85th Leg., R.S., Ch. 75 (S.B. 1518), Sec. 3, eff. September 1, 2017.

SUBCHAPTER E. ACTION BY WRITTEN CONSENT


Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2023–2023 · leading case: Vista Grande Homeowners Ass'n, Inc. v. Dennis Brand & Kimberly Harper (Tex. App. 2023).
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Vista Grande Homeowners Ass'n, Inc. v. Dennis Brand & Kimberly Harper (Tex. App. 2023). “” See Tex. Bus. Orgs. Code § 6.157. Section 6.157 addresses the voting procedure for a jointly held ownership interest, which it contends is the case with Lot 62.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.