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Tex. Agric. Code § 52.082

NEW MEMBERS

Acts 1981, 67th Leg., p. 1110, ch. 388, Sec. 1, eff

(a) A marketing association organized without capital stock may admit new members.

(b) If the property rights of the association's members are unequal, a new member is entitled to share the property of the association with the old members in accordance with the general rules stated in the articles of incorporation.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.