Texas Agriculture Code
§ 52.082 — NEW MEMBERS
AG § 52.082Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 52. COOPERATIVE MARKETING ASSOCIATIONS · Art. F. MEMBERS
Statute text
View on source(a)A marketing association organized without capital stock may admit new members.
(b)If the property rights of the association's members are unequal, a new member is entitled to share the property of the association with the old members in accordance with the general rules stated in the articles of incorporation.
Legislative history
Acts 1981, 67th Leg., p. 1110, ch. 388, Sec. 1, eff. Sept. 1, 1981.