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Texas Agriculture Code - AGRIC § 52.038. Existing Corporations and Associations

Current as of January 01, 2024 | Updated by Findlaw Staff

Any corporation or association organized under prior law before March 1, 1921, may elect, by a majority vote of its members or stockholders, to adopt this chapter and become subject to it by:

(1) adopting the restrictions provided by this chapter;  and

(2) executing, in duplicate on forms supplied by the secretary of state, an instrument, signed and acknowledged by its directors, stating that the entity, by a majority vote of its members or stockholders, has decided to accept the benefits of and be bound by this chapter.

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Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 52.038. Existing Corporations and Associations - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-52-038/

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