Tex. Agric. Code § 52.086

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 52.086 - Termination or Suspension of Membership

In accordance with its articles of incorporation or a bylaw adopted under Section 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.

Tex. Agric. Code § 52.086

Amended by Acts 1983, 68th Leg., p. 1551, ch. 296, Sec. 4, eff. 6/14/1983.

Acts 1981, 67th Leg., p. 1111, ch. 388, Sec. 1, eff. 9/1/1981.