Tex. Bus. Org. Code § 251.404

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 251.404 - Involuntary 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.

Tex. Bus. Org. Code § 251.404

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