All codes › Business Organizations Code › Title 6

Chapter 251

Cooperative Associations

Subchapter A. General Provisions

251.001 Definitions 251.002 Applicability of Nonprofit Corporation Provisions 251.003 Exemption

Subchapter B. Formation and Governing Documents

251.051 Organization Meeting 251.052 Amendment of Certificate of Formation 251.053 Bylaws 251.054 Restated Certificate of Formation

Subchapter C. Management

251.101 Board of Directors 251.102 Officers 251.103 Removal of Directors and Officers 251.104 Referendum

Subchapter D. Membership

251.151 Eligibility and Admission 251.152 Expulsion 251.153 Subscribers 251.154 Liability

Subchapter E. Shares

251.201 Share and Membership Certificates: Issuance and Contents 251.202 Transfer of Shares and Membership; Withdrawal 251.203 Share and Membership Certificates; Recall 251.204 Certificates; Attachment

Subchapter F. Meetings and Voting

251.251 Meetings 251.252 Notice of Special Meeting 251.253 Meetings by Units of Membership 251.254 One Member--One Vote 251.255 No Proxy 251.256 Voting by Mail 251.257 Voting by Mail or by Delegates

Subchapter G. Capital and Net Savings

251.301 Limitations on Return on Capital 251.302 Allocation and Distribution of Net Savings

Subchapter H. Reports and Records

251.351 Recordkeeping 251.352 Reports to Members

Subchapter I. Winding Up and Termination

251.401 Voluntary Winding Up and Termination 251.402 Execution of Certificate of Termination 251.403 Distribution of Assets 251.404 Involuntary Termination

Subchapter J. Miscellaneous Provisions

251.451 Exemption from Taxes 251.452 Use of Name "cooperative."