Texas Agriculture Code

§ 52.122 — PERMITS TO DO BUSINESS

AG § 52.122Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 52. COOPERATIVE MARKETING ASSOCIATIONS · Art. H. FOREIGN COOPERATIVES

Statute text

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(a)Any cooperative marketing association incorporated under the laws of another state may apply for and be granted a permit to do business in this state. The association shall pay as filing fee the amount required of domestic corporations organized for a similar purpose.

(b)A marketing association is not required to have all or part of a paid-up capital to be entitled to a permit under Subsection (a) of this section.

Legislative history

Acts 1981, 67th Leg., p. 1113, ch. 388, Sec. 1, eff. Sept. 1, 1981.