(a) A marketing association, by resolution of its board of directors, may make all necessary stipulations, agreements, contracts, and arrangements with any other cooperative corporation or association formed in this or any other state for the cooperative and more economical conduct of its business or a part of its business.
(b) Two or more marketing associations, jointly or separately, may use the same methods and agencies to conduct their respective businesses.

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Terms Used In Texas Agriculture Code 52.015

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.