Texas Agriculture Code 52.082 – New Members
Current as of: 2024 | Check for updates
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(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.
Terms Used In Texas Agriculture Code 52.082
- Property: means real and personal property. See Texas Government Code 311.005