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Texas Agriculture Code - AGRIC § 52.051. Adoption

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

(a) A marketing association shall adopt bylaws before the 31st day after the day on which the articles of incorporation are filed with the secretary of state.

(b) The initial bylaws may be adopted by a two-thirds vote of the incorporating directors and then:

(1) a simple majority vote when 50 percent or more of the members vote in person or by proxy or mail;

(2) a two-thirds majority vote when less than 50 percent but 25 percent or more of the members vote in person or by proxy or mail;  or

(3) a three-fourths majority vote when less than 25 percent but 10 percent or more of the members vote in person or by proxy or mail.

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Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 52.051. Adoption - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-52-051/

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