Texas Agriculture Code 52.086 – Termination or Suspension of Membership
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Terms Used In Texas Agriculture Code 52.086
- Property: means real and personal property. See Texas Government Code 311.005
In accordance with its articles of incorporation or a bylaw adopted under § 52.052 of this code, a marketing association may provide for the termination or suspension of membership in the association and for the purchase of a member’s common or preferred stock, if any, and all other property interest in the association.