Texas Business Organizations Code 5.057 – Name of Cooperative Association or Foreign Cooperative Association
Current as of: 2024 | Check for updates
|
Other versions
(a) The name of a cooperative association or foreign cooperative association must contain:
(1) the word “cooperative”; or
(2) an abbreviation of that word.
(b) A domestic or foreign entity may use the word “cooperative” in its name to the extent permitted by § 251.452.
Terms Used In Texas Business Organizations Code 5.057
- Association: means an entity governed as an association under Title 6 or 7. See Texas Business Organizations Code 1.002
- cooperative association: means an association governed as a cooperative association under Chapter 251. See Texas Business Organizations Code 1.002
- Domestic: means , with respect to an entity, that the entity is formed under this code or the entity's internal affairs are governed by this code. See Texas Business Organizations Code 1.002
- Entity: means a domestic entity or foreign entity. See Texas Business Organizations Code 1.002
- Foreign: means , with respect to an entity, that the entity is formed under, and the entity's internal affairs are governed by, the laws of a jurisdiction other than this state. See Texas Business Organizations Code 1.002