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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 251.404: INVOLUNTARY TERMINATION.

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Where this section sits in the code
  1. BUSINESS ORGANIZATIONS CODE
  2. TITLE 6. ASSOCIATIONS
  3. CHAPTER 251. COOPERATIVE ASSOCIATIONS
  4. SUBCHAPTER I. WINDING UP AND TERMINATION

A suit for involuntary termination of a cooperative association organized under this chapter may be instituted for the causes and prosecuted in the manner provided by Chapter 11. The assets of a cooperative association that is involuntarily terminated shall be distributed in accordance with Section 251.403.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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