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Independent Bank shareholders approve proposals to amend charter

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Independent Bank shareholders approve proposals to amend charter

Shareholders of McKinney, Texas-based Independent Bank Group Inc. approved a proposal to amend the company's charter to implement a majority vote standard for uncontested director elections at the company's annual shareholder meeting May 23.

The shareholders also approved the proposal to amend the charter to implement a majority vote standard for shareholder-approved amendments to the company's bylaws.