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Chapter 251 - Cooperative Associations
Subchapter A. General Provisions
Section 251.001. Definitions - Sec. 251.001. DEFINITIONS. In this chapter: (1) "Cooperative basis" means...
Section 251.002. Applicability of Nonprofit Corporation Provisions - Sec. 251.002. APPLICABILITY OF NONPROFIT CORPORATION PROVISIONS. (a) A provision...
Section 251.003. Exemption - Sec. 251.003. EXEMPTION. This chapter does not apply to a...
Subchapter B. Formation and Governing Documents
Section 251.051. Organization Meeting - Sec. 251.051. ORGANIZATION MEETING. After a cooperative association's certificate of...
Section 251.052. Amendment of Certificate of Formation - Sec. 251.052. AMENDMENT OF CERTIFICATE OF FORMATION. (a) The board...
Section 251.054. Restated Certificate of Formation - Sec. 251.054. RESTATED CERTIFICATE OF FORMATION. (a) The board of...
Subchapter C. Management
Section 251.101. Board of Directors - Sec. 251.101. BOARD OF DIRECTORS. (a) Except as provided by...
Section 251.102. Officers - Sec. 251.102. OFFICERS. (a) The directors of a cooperative association...
Section 251.103. Removal of Directors and Officers - Sec. 251.103. REMOVAL OF DIRECTORS AND OFFICERS. (a) A director...
Section 251.104. Referendum - Sec. 251.104. REFERENDUM. (a) The certificate of formation or bylaws...
Subchapter D. Membership
Section 251.151. Eligibility and Admission - Sec. 251.151. ELIGIBILITY AND ADMISSION. A person, an unincorporated group...
Section 251.152. Expulsion - Sec. 251.152. EXPULSION. (a) A member of a cooperative association...
Section 251.153. Subscribers - Sec. 251.153. SUBSCRIBERS. (a) A person is a subscriber of...
Section 251.154. Liability - Sec. 251.154. LIABILITY. (a) Except as provided by Subsection (b),...
Subchapter E. Shares
Section 251.201. Share and Membership Certificates: Issuance and Contents - Sec. 251.201. SHARE AND MEMBERSHIP CERTIFICATES: ISSUANCE AND CONTENTS. (a)...
Section 251.202. Transfer of Shares and Membership; Withdrawal - Sec. 251.202. TRANSFER OF SHARES AND MEMBERSHIP; WITHDRAWAL. (a) A...
Section 251.203. Share and Membership Certificates; Recall - Sec. 251.203. SHARE AND MEMBERSHIP CERTIFICATES; RECALL. (a) The bylaws...
Section 251.204. Certificates; Attachment - Sec. 251.204. CERTIFICATES; ATTACHMENT. The minimum amount necessary for membership...
Subchapter F. Meetings and Voting
Section 251.251. Meetings - Sec. 251.251. MEETINGS. (a) Regular meetings of members of a...
Section 251.252. Notice of Special Meeting - Sec. 251.252. NOTICE OF SPECIAL MEETING. The notice of a...
Section 251.253. Meetings by Units of Membership - Sec. 251.253. MEETINGS BY UNITS OF MEMBERSHIP. (a) The certificate...
Section 251.254. One Member--One Vote - Sec. 251.254. ONE MEMBER--ONE VOTE. (a) Except as provided by...
Section 251.255. No Proxy - Sec. 251.255. NO PROXY. A member is not entitled to...
Section 251.256. Voting by Mail - Sec. 251.256. VOTING BY MAIL. (a) The certificate of formation...
Section 251.257. Voting by Mail or by Delegates - Sec. 251.257. VOTING BY MAIL OR BY DELEGATES. (a) If...
Subchapter G. Capital and Net Savings
Section 251.301. Limitations on Return on Capital - Sec. 251.301. LIMITATIONS ON RETURN ON CAPITAL. (a) Except as...
Section 251.302. Allocation and Distribution of Net Savings - Sec. 251.302. ALLOCATION AND DISTRIBUTION OF NET SAVINGS. (a) At...
Subchapter H. Reports and Records
Section 251.351. Recordkeeping - Sec. 251.351. RECORDKEEPING. A cooperative association shall keep books and...
Section 251.352. Reports to Members - Sec. 251.352. REPORTS TO MEMBERS. (a) A cooperative association shall...
Section 251.353. Annual Report of Financial Condition - Sec. 251.353. ANNUAL REPORT OF FINANCIAL CONDITION. (a) This section...
Section 251.354. Failure to File Report - Sec. 251.354. FAILURE TO FILE REPORT. (a) If a cooperative...
Subchapter I. Winding Up and Termination
Section 251.401. Voluntary Winding Up and Termination - Sec. 251.401. VOLUNTARY WINDING UP AND TERMINATION. (a) A cooperative...
Section 251.402. Execution of Certificate of Termination - Sec. 251.402. EXECUTION OF CERTIFICATE OF TERMINATION. An officer of...
Section 251.403. Distribution of Assets - Sec. 251.403. DISTRIBUTION OF ASSETS. Subject to Sections 11.052 and...
Section 251.404. Involuntary Termination - Sec. 251.404. INVOLUNTARY TERMINATION. A suit for involuntary termination of...
Subchapter J. Miscellaneous Provisions
Section 251.451. Exemption From Taxes - Sec. 251.451. EXEMPTION FROM TAXES. A cooperative association organized under...
Section 251.452. Use of Name "Cooperative - Sec. 251.452. USE OF NAME "COOPERATIVE." (a) Only a cooperative...
Chapter 252 - Unincorporated Nonprofit Associations
Section 252.001. Definitions - Sec. 252.001. DEFINITIONS. In this chapter: (1) "Member" means a...
Section 252.002. Supplementary General Principles of Law and Equity - Sec. 252.002. SUPPLEMENTARY GENERAL PRINCIPLES OF LAW AND EQUITY. Principles...
Section 252.003. Territorial Application - Sec. 252.003. TERRITORIAL APPLICATION. Real and personal property in this...
Section 252.004. Real and Personal Property; Nonprofit Association as Beneficiary - Sec. 252.004. REAL AND PERSONAL PROPERTY; NONPROFIT ASSOCIATION AS BENEFICIARY....
Section 252.005. Statement of Authority as to Real Property - Sec. 252.005. STATEMENT OF AUTHORITY AS TO REAL PROPERTY. (a)...
Section 252.006. Liability in Tort and Contract - Sec. 252.006. LIABILITY IN TORT AND CONTRACT. (a) A nonprofit...
Section 252.007. Capacity to Assert and Defend; Standing - Sec. 252.007. CAPACITY TO ASSERT AND DEFEND; STANDING. (a) A...
Section 252.008. Effect of Judgment or Order - Sec. 252.008. EFFECT OF JUDGMENT OR ORDER. A judgment or...
Section 252.009. Disposition of Personal Property of Inactive Nonprofit Association - Sec. 252.009. DISPOSITION OF PERSONAL PROPERTY OF INACTIVE NONPROFIT ASSOCIATION....
Section 252.010. Books and Records - Sec. 252.010. BOOKS AND RECORDS. (a) A nonprofit association shall...
Section 252.011. Appointment of Agent to Receive Service of Process - Sec. 252.011. APPOINTMENT OF AGENT TO RECEIVE SERVICE OF PROCESS....
Section 252.012. Claim Not Abated by Change - Sec. 252.012. CLAIM NOT ABATED BY CHANGE. A claim for...
Section 252.013. Summons and Complaint; Service - Sec. 252.013. SUMMONS AND COMPLAINT; SERVICE. (a) In an action...
Section 252.014. Uniformity of Application and Construction - Sec. 252.014. UNIFORMITY OF APPLICATION AND CONSTRUCTION. This chapter shall...
Section 252.015. Transition Concerning Real and Personal Property - Sec. 252.015. TRANSITION CONCERNING REAL AND PERSONAL PROPERTY. If, before...
Section 252.016. Effect on Other Law - Sec. 252.016. EFFECT ON OTHER LAW. This chapter replaces existing...
Section 252.017. Chapter Controlling - Sec. 252.017. CHAPTER CONTROLLING. (a) Except as provided by Subsection...
Section 252.018. Mergers and Conversions - Sec. 252.018. MERGERS AND CONVERSIONS. A nonprofit association may effect...