{"data":{"id":"us-tx/tex.-utilities-code-161.253","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 161.253","heading":"DISTRIBUTION OF NET ASSETS ON DISSOLUTION.","body":"Assets of a dissolved electric cooperative that remain after all liabilities or obligations of the cooperative have been satisfied shall be distributed pro rata to the members of the cooperative who were members when the certificate of dissolution was filed.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 4. DELIVERY OF UTILITY SERVICES","SUBTITLE A. UTILITY CORPORATIONS AND OTHER PROVIDERS","CHAPTER 161. ELECTRIC COOPERATIVE CORPORATIONS","SUBCHAPTER F. DISSOLUTION"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.161.htm#161.253","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"8a1fa4aca3b5959dbe32cd91d3afbb5a3c1e2fd9ac67578fa1ef179de61bde4b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-161.252","next":"us-tx/tex.-utilities-code-161.254"},"notice":"GroundRules: Original legal text. Not legal advice."}