Tex. Health & Safety Code § 301.044

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 301.044 - Surplus Revenue

The directors of a cooperative association may, in accordance with the association's bylaws, deposit to the credit of the surplus fund any surplus revenue derived from a system or divide the surplus revenue among the patrons in proportion to the patrons' respective contributions to the working capital of the association and their patronage.

Tex. Health and Safety Code § 301.044

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.