{"data":{"id":"us-tx/tex.-agriculture-code-52.065","jurisdiction":"us-tx","citation":"Tex. Agriculture Code § 52.065","heading":"PREFERRED STOCK.","body":"(a) A marketing association organized with capital stock may issue preferred stock with or without the right to vote.\n(b) The association may redeem preferred stock on conditions provided by the association's articles of incorporation and printed on the face of the stock certificates.\nActs 1981, 67th Leg., p. 1109, ch. 388, Sec. 1, eff. Sept. 1, 1981.","path":["AGRICULTURE CODE","TITLE 4. AGRICULTURAL ORGANIZATIONS","CHAPTER 52. COOPERATIVE MARKETING ASSOCIATIONS","SUBCHAPTER E. MEMBERSHIP CERTIFICATES AND STOCK"],"source_url":"https://statutes.capitol.texas.gov/Docs/AG/htm/AG.52.htm#52.065","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:50Z","sha256":"ba5f157dcda6c0974a03a70de936f8a79d6928bbca90bd672ea47dd529b7f61c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-agriculture-code-52.064","next":"us-tx/tex.-agriculture-code-52.066"},"notice":"GroundRules: Original legal text. Not legal advice."}