1. (a) The record date for determining members of a corporation may be set as provided by Section 6.101.

2. (b) If a record date is not set under Section 6.101:

   1. (1) members on the date of the meeting who are otherwise eligible to vote are entitled to vote at the meeting;
   2. (2) members at the close of business on the business day preceding the date notice is given, or if notice is waived, at the close of business on the business day preceding the date of the meeting, are entitled to notice of a meeting of members; and
   3. (3) members at the close of business on the later of the day the board of directors adopts the resolution relating to the action or the 60th day before the date of the action are entitled to exercise any rights regarding any other lawful action.
3. (c) The board of directors of a corporation may set a new date for determining the right to notice of or to vote at any adjournment of a members' meeting. The board shall set a new date if the meeting is adjourned to a date more than 90 days after the record date for determining members entitled to notice of the original meeting.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.