The Texas Open Meetings Act was enacted to ensure the Texas government is transparent, open, and accountable to the people. Texas law requires property owners' associations to hold at least one annual meeting of their members.A director elected to fill a vacancy shall be elected for the unexpired term of the predecessor in such directorship. If the founders have not purchased an official corporate seal, delete the foregoing. Regular meetings of the board of directors may be held with or without notice as prescribed in the nonprofit corporation's Bylaws. Open meetings give homeowners a way to participate in the board's decision-making. Learn how to maximize effectiveness of your next open meeting agenda. Acts 2003, 78th Leg. Cup Way, Irving, TX 75038 in the middle school building. Designate duties of executive director.