Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2.113 - Limitation on Powers(a) This subchapter does not authorize a domestic entity or a managerial official of a domestic entity to exercise a power in a manner inconsistent with a limitation on the purposes or powers of the entity contained in its governing documents, this code, or other law of this state.(b) This code does not authorize any action in violation of the antitrust laws of this state.Tex. Bus. Org. Code § 2.113
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.