Tex. Agric. Code § 55.002 · Chapter 55. COOPERATIVE CREDIT ASSOCIATIONS
INCORPORATORS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1122, 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.55.htm
- Text hash
- sha256 8bda8c8aafce4d96cd9ad534e14493763da402334d050f909553929087a60600
- 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.