Tex. Agric. Code § 55.002

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

Section 55.002 - Incorporators

(a) Ten or more persons who fulfill the requirements of Subsection (b) of this section may organize a private cooperative credit association.

(b) To be eligible to be an incorporator a person must:

(1) be a citizen of this state; and

(2) be engaged in the production, or production and marketing, of staple agricultural products or in the raising, breeding, feeding, fattening, or marketing of livestock.

Tex. Agric. Code § 55.002

Acts 1981, 67th Leg., p. 1122, ch. 388, Sec. 1, eff. 9/1/1981.