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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 52.087. Liability of Members - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-52-087/
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