{"data":{"id":"us-tx/tex.-business-organizations-code-251.301","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 251.301","heading":"LIMITATIONS ON RETURN ON CAPITAL.","body":"(a) Except as otherwise provided by the cooperative association's bylaws, an investment dividend of a cooperative association may not be cumulative and may not exceed eight percent of investment capital.\n(b) Total investment dividends distributed for a fiscal year may not exceed 50 percent of the net savings for the period.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 6. ASSOCIATIONS","CHAPTER 251. COOPERATIVE ASSOCIATIONS","SUBCHAPTER G. CAPITAL AND NET SAVINGS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.251.htm#251.301","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"8d7eb2a9169e75850b7ee29be5da5277c42eafbbf06d2286117b565a602b253d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-251.257","next":"us-tx/tex.-business-organizations-code-251.302"},"notice":"GroundRules: Original legal text. Not legal advice."}