Tex. Agriculture Code § 52.087: LIABILITY OF MEMBERS.
Where this section sits in the code
- AGRICULTURE CODE
- TITLE 4. AGRICULTURAL ORGANIZATIONS
- CHAPTER 52. COOPERATIVE MARKETING ASSOCIATIONS
- SUBCHAPTER F. MEMBERS
Except for debts contracted with the association, a member of a marketing association is not liable for the debts of the association in an amount that exceeds the amount that is unpaid on the member's membership fee or subscription to capital stock, including any unpaid balance on promissory notes given in payment for the stock.
Acts 1981, 67th Leg., p. 1111, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Collected 2026-08-27T01:46:50Z. Source file · JSON