Tex. Agric. Code § 52.087 · Subchapter F. MEMBERS
LIABILITY OF MEMBERS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except for debts contracted with the association, a member of a marketing association is not liable for the debts of the association in an amount that exceeds the amount that is unpaid on the member's membership fee or subscription to capital stock, including any unpaid balance on promissory notes given in payment for the stock.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1111, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/AG/htm/AG.52.htm
- Text hash
- sha256 bb72303927976b4adc4b89dec806348d69ba5100b4ea35a59e67f21cff37ca35
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.