Texas Statutes
Title 6 - Associations
Chapter 251 - Cooperative Associations

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...

Next >>

Texas Statutes Title 6 - Associations Chapter 251 - Cooperative Associations

Texas Statutes
Title 6 - Associations
Chapter 251 - Cooperative Associations